The Nigerian currency, the naira, has depreciated by N10 to close at N1,530 in the official window amid renewed pressure and ...

The Nigerian, Ghanaian, Ugandan, Kenyan and Zambian currencies are expected to be stable against the dollar in the next week ...

The Nigerian currency, the naira, has rebounded against the US dollar after a brief fall on Tuesday, July 8, 2025The naira ...

President Bola Tinubu has pinpointed food security, along with regional economic inclusion, as the first currency of Nigeria’s path to long-term stability.

Recall that last year, the Central Bank of Nigeria renewed a 15 billion yuan ($2bn) currency-swap agreement with China to boost trade and investment between the two countries.

CURRENCIES Nigerian importers, exporters Dollar-transactions negating currency swap gains — CBN Image used for illustrative purpose. Getty Images ...

MTN Group: Nigeria has suffered chronic dollar shortages that have forced authorities to devalue the naira as part of the government's measures to stabilise the currency and attract investment.

Nigeria's anti-graft agency on Monday announced the arrest of a popular TikToker who failed to appear in court after getting bail for allegedly abusing the national currency by throwing up notes at a ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

Nigeria’s economic landscape is at a pivotal juncture. Faced with fluctuating oil prices, rising inflation, and currency devaluation, the country’s foreign reserves remain under constant strain.

According to him, the use of foreign currencies in Nigeria, their prevalence, and dominance in the financial system has sidelined the local currency, the naira, causing a negative impact on its value.

The Senate has initiated steps to restore Nigeria’s monetary sovereignty by outlawing the use of foreign currencies for payments and transactions within the country.