exchange rate

June 1 (THEWILL) — The naira recorded a slight depreciation against the U.S. dollar in May 2026, closing the month at ₦1,372/$ at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). The closing...

November 06, (THEWILL) — The naira sustained its momentum against the United States dollar in the parallel market, closing October at ₦1,427.50 per dollar marking its best monthly performance since January 2025. According to market observers, the local currency’s steady...

November 12, (THEWILL) - Arising from the three-day All Nigeria Editors' Conference (ANEC) held in Yenagoa, the Bayelsa State Capital, the Nigerian Guild of Editors (NGE) urged the Federal Government to urgently mitigate the negative impact of fuel subsidy...

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the widening gap in the exchange rate and stabilize the forex market. Through a new circular by Dr Hassan Mahmud, the Director of...