The Central Bank of Nigeria has revealed that the dollar improved agaist the naira in the Nigerian Foreign Exchange Market ...

The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, ...

The Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.

Nigeria has launched a digital currency which the Central Bank of Nigeria says is a "major step forward in the evolution of money” in Africa’s most populous country. President Muhammadu Buhari ...

Abuja, Nigeria — Nigeria's President Muhammadu Buhari has extended by 60 days the deadline for older currency notes to remain legal tender following violent protests over a shortage of cash.

READ MORE: Photos: Nigerian mothers face new nightmare in wake of Boko Haram Like Argentina, Nigeria will likely have to suffer through the pain of fully floating its currency in order to recover.

More dollar, British pound and euro foreign currency exchange rates in Lagos, Nigeria, on Wednesday, July 26, 2017. Nigeria's economy, which in 2016 suffered its first full-year recession since ...