May 25 (THEWILL) — The Nigerian naira maintained relative stability against the United States dollar on Monday, May 25, 2026, trading within a narrow band across both the official and parallel foreign exchange markets amid sustained pressure on retail...
May 22, (THEWILL) — The Nigerian naira recorded fresh gains against the British pound sterling in the foreign exchange market, strengthening to ₦1,840/£1 amid rising political and economic uncertainty in the United Kingdom.
Latest data from the Central Bank of...
May 15, (THEWILL) — The Nigerian naira strengthened against the British pound in the first half of May, trading around N1,853/£1 in the foreign exchange market, as political uncertainty in the United Kingdom continued to pressure the pound sterling.
Data...
May 06, (THEWILL) — Nigeria’s currency, the naira, strengthened to ₦1,362 per dollar on Tuesday, extending its recent appreciation against the United States dollar and signaling improved stability in the foreign exchange market.
Figures released by the Central Bank of...
February 25, (THEWILL) — The Naira strengthened modestly in Nigeria’s parallel (black) foreign exchange market on Wednesday, following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) from 27 percent to 26.5 percent. The...
February 02, (THEWILL) — The naira strengthened against the United States dollar at the parallel market on Tuesday, appreciating to N1,465/$ amid improved dollar supply and easing demand pressures.
Market operators attributed the marginal gain to increased foreign currency...
January 29, (THEWILL) — The naira continued its recovery at the official foreign exchange market, rising to a 22-month high of N1,394 per dollar, reflecting improved dollar liquidity and growing investor confidence in Nigeria’s monetary reforms.
Market data showed...
January 01, (THEWILL) — The naira ended 2025 at ₦1,429 to the United States dollar, marking its first full-year appreciation in 13 years and signalling a notable shift in Nigeria’s foreign exchange market.
Data from the official market show that...
December 23, (THEWILL) — The Nigerian naira opened the new trading week on a positive note, strengthening against the United States dollar to trade below the ₦1,460/$1 level, as sentiment in the foreign exchange market continued to improve.
Market...
December 08, (THEWILL) — Nigeria’s Naira is tipped for a potential break toward N1,445 per dollar in the coming days as global markets position for an expected round of interest-rate cuts by the U.S. Federal Reserve a move...
The commission issued the clarification on Saturday amid growing controversy surrounding the preliminary voters’ register ahead of the 2027 general elections and calls by some Nigerians for Amupitan to step down over alleged irregularities in the registration process.
