December 02, (THEWILL) — The naira weakened to N1,446 per US dollar at the official market in November, closing the month lower despite the Central Bank of Nigeria’s (CBN) continued monetary tightening aimed at stabilising the foreign-exchange market.
The latest...
November 25, (THEWILL) — The naira strengthened further on Monday, appreciating to ₦1,452 per dollar at the official foreign exchange market as investors, analysts, and market operators turned their attention to the 303rd Monetary Policy Committee (MPC) meeting.
The...
October 22, (THEWILL) — The Nigerian naira climbed modestly this week, signalling a sign of market resilience even as foreign-exchange (FX) inflows collapsed by 32.9% year-on-week, a stark reminder of the dual pressures the currency now faces.
Data from the...
October 02, (THEWILL) —The naira, on Thursday, October 2, 2025, recorded an improvement against the United States dollar in the parallel market, with traders quoting a buying rate of N1,435 and a selling rate of N1,453 as of 3:35...
June 22, (THEWILL) – Nigeria’s much-publicised shift away from refined petroleum imports in 2023, following the commissioning of the Dangote Refinery, has not led to an anticipated rebound in the naira’s value. The mega refinery, which began operations in...
February 20, (THEWILL) – The naira, on Thursday afternoon, at the foreign exchange markets traded at the same range against the United States dollar at the NAFEM and the parallel market segments, marking a significant win for the Yemi...
September 15, (THEWILL) – Nigeria, a giant nation in Africa and a major oil producing nation has engaged in a business aberration for decades - she sells her crude oil, her major source of revenue to the world in...
September 05, (THEWILL) – The naira recorded its worst performance in six months at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, September 4, 2024, where it exchanged for N1,625.88 to the dollar.
This marks the lowest exchange...
August 23, (THEWILL) – A Central Bank of Nigeria (CBN) survey showed that businesses in the country say they expect the Naira to continue to depreciate in the next three months beginning from July, but will begin appreciation after...
April 8, (THEWILL) - The naira, on Monday, continued its impressive comeback against the United States dollar and other major currencies, with dealers exchanging the Nigerian currency at N1,155 buy rate and N1,185 selling rate to $1, respectively,...
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.
