exchange rate

Business

Naira Weakens 0.36 Percent In May, Closes At ₦1,372/$ As Market Stability Persists

Ogochukwu Onwaeze, THEWILL -
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...
Business

Naira Holds Below ₦1,450/$ as October Ends Strongest Performance in 10 Months

THEWILL -
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...
News

Editors Urge FG To Ease Impact Of Fuel Subsidy Removal, Exchange Rate Volatility

Abdullahi Yusuf, THEWILL -
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...
Business

Intervention: CBN Allocates $20,000 To Each BDC To Stabilise Forex Market

Sam Diala, THEWILL -
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...
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Latest News

FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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