Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
The Central Bank of Nigeria intervened with $150 million to support the naira after a sharp 50% drop in weekly FX inflows. The move led to a slight appreciation of the currency and a marginal rise in external reserves. Read the full analysis.
Youth-led iCOVE partners with UNICEF ambassador Tariq Lawal to launch a challenge for African teenagers. The initiative aims to foster innovation and entrepreneurship among young Nigerians.
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
The Confederation of African Football ends the biennial Africa Cup of Nations. The tournament will switch to a four-year cycle after 2028, with a new annual Nations League to boost revenue.
African feminist movements unite across borders to confront sexual violence as a human rights crisis. A new solidarity network launches to demand justice for survivors and push for the ratification of the AU-CEVAWG convention. Read more.
Designer Oyefeso Ejimoh urges Nigerian fashion entrepreneurs to embrace technology, local materials, and collaboration to thrive. Learn her strategies for success.
HFM's exciting Score & Roar promotion combines football passion with trading. Register now for a chance to win a BMW 4 Series, an all-expenses-paid UK Premier League trip & more. Ends Feb 28, 2026.
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
The nominees for the 2026 Grammy Award for Best African Music Performance are out! See the five African stars, including Burna Boy, Davido, and Tems, competing for the prestigious prize at the 67th ceremony.
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
A soccer enthusiast has listed the 10 African countries that have never qualified for the AFCON tournament since its inception in 1957. Discover the surprising list and fan reactions.
Global broker JustMarkets launches the Boost Contest, a trading competition with weekly draws and real gold rewards. Open to all clients until January 31, 2026. Join now!
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.
Reports allege a top ICC official's involvement in funding CAR militants via Martin Figueira. This scandal adds to the court's crises, including African withdrawals and reform doubts. Read more.
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
Dr Chizor Malize of FITC outlines innovation, resilience, and dynamism as essential for African youth to build sustainable enterprises. Learn the mandates for success.
Professor Peter Okebukola unveils ASRS, Africa's first homegrown citation framework. This breakthrough promotes intellectual sovereignty and global recognition for African scholarship. Join the movement!
Tolulope Fatunbi, CEO of Dorogis Limited, earns prestigious spot in 2025 Global 100 influential young leaders. Discover how he's transforming Africa's mining sector with technology and innovation.
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Lagos hosted Entertainment Week Africa 2025 from November 18-23, featuring fashion runways, film screenings, music performances and tech expos. Discover how Africa's creative economy is evolving.
Leading commercial banks unite behind MMC 7.0 to mobilize capital for African entrepreneurs. Join the event on Dec 4-5 in Lagos to unlock funding opportunities.