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The Nigerian naira strengthened against the U.S. dollar at the official foreign exchange market, closing the week at ₦1,386.55 per dollar.

Naira Extends Weekly Rally, Appreciates to ₦1,386.55/$ on CBN Reforms

The naira ended the week stronger at the official market, gaining 0.7%…

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Naira Ends Week Weaker at ₦1,464.49 Amid FX Demand Pressures

The naira closed the week weaker against the US dollar at the…

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Naira Ends Week Weaker at ₦1,464.49 Amid FX Demand Pressures

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Yuan Strengthens as Central Parity Rate Rises to 7.0602 Against Dollar

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Yuan strengthens 7.1688 against dollar

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Latest Finance News
Mr. Tanimu Yakubu, Director-General of the Budget Office of the Federation, speaking in Abuja. He explains that President Tinubu’s economic reforms, Tinubunomics, are a long-term structural reset, not a source of instant wealth, and warns against misleading arithmetic in public debates about revenue, borrowing, and government spending.

Tinubunomics Not About Instant Wealth, Says Budget Office DG

Budget Office DG Tanimu Yakubu clarifies that Tinubunomics…

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Africa Development Bank

Five candidates to contest for AfDB Presidency

  The African Development Bank (AfDB) has confirmed…

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NIGERIAN EXCHANGE LTD

Investors lose N72.51bn on NGX

Trading on the Nigerian Exchange Ltd. (NGX) closed…

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Bureau de Change

Naira ends week stronger against Dollar, gaining N11.17 

The Naira further appreciated in the official market…

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CENTRAL BANK OF NIGERIA

CBN sanctions 9 banks for failing to dispense cash via ATMs

Often dispensed in dirty and tattered notes, yet…

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