Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Category : Search result: 2026 budget exchange rate
Tinubu Presents 2026 Budget to NASS
President Bola Tinubu presents the 2026 Appropriation Bill to a joint session of the National Assembly. Full details on the event, attendees, and security arrangements inside.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Tinubu Presents N54.4tr 2026 Budget at NASS
President Bola Tinubu presents the 2026 Appropriation Bill of N54.46 trillion to the National Assembly under heavy security. Read the full details of the budget presentation and its implications.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
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.
Fintiri Presents N583bn 2026 Budget to Adamawa Assembly
Governor Ahmadu Umaru Fintiri presents a N583.3 billion 2026 budget focused on capital projects and social programmes. Read the full breakdown of allocations for Adamawa State.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Adamawa Governor Presents N583.3bn 2026 Budget
Governor Ahmadu Umaru Fintiri presents a N583.33bn budget for Adamawa State in 2026, focusing on infrastructure, poverty alleviation, and economic renewal. Read the full details.
Adamawa Governor Presents N583.3bn 2026 Budget to Assembly
Governor Ahmadu Fintiri presents a N583.33 billion budget for 2026 to the Adamawa State House of Assembly, focusing on infrastructure, social services, and economic renewal. Read the full details.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Tinubu Presents 2026 Budget to National Assembly
President Bola Tinubu presents the N54.4 trillion 2026 budget to lawmakers. He also seeks to repeal the 2024 budget to fix overlaps. Read full details on the fiscal plans.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Tinubu Presents 2026 Budget to NASS on Friday
President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Get the full details on the schedule and security arrangements for the key fiscal event.
AFRIMA, UK Partner to Boost African Music Exchange
Ahead of the 9th All Africa Music Awards in Lagos, AFRIMA and the British High Commission sign a Cultural Cooperation Agreement to strengthen creative ties and open global doors for African music.
Naira Rate Gap Widens as Dollar Demand Rises
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.
Oborevwori Signs Delta's N1.729tr 2026 Budget
Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget into law, a 70% increase from 2025. The budget focuses on capital projects and is tagged 'Budget of Accelerating the MORE Agenda'. Read more.
France Adopts Budget, Suspends Pension Reform
French parliament approves social security budget, suspending the unpopular pension age hike. Prime Minister Lecornu races to finalise the 2026 spending plan. Read the full details.
CBN's $250M Intervention Lifts Naira in Forex Market
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.
Okpebholo presents ₦939.85bn 2026 budget to Edo Assembly
Governor Monday Okpebholo presents a ₦939.85 billion 2026 Appropriation Bill focused on security, infrastructure, and job creation. See the full breakdown of Edo State's 'Budget of Hope and Growth'.
LP to Sue Ogun State Over N1.669 Trillion Budget Loan
Labour Party warns Governor Dapo Abiodun against borrowing to fund Ogun's 2026 budget, threatens court action. Details on the N518.9bn debt plan and political showdown.
Naira resilient despite festive dollar demand surge
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
Zamfara APC Opposes Governor's 2026 Budget, Urges FG Action
Zamfara APC accuses Governor Dauda Lawal of unconstitutional budget presentation, urges Federal Government to suspend allocations. Party cites flaws in N861bn proposal.
Naira Drops to N1,454/$1 Amid Festive Dollar Demand
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.
Kano Govt Slams Ganduje's Budget Performance
Kano State government defends its 2025 budget, claiming it outperformed Ganduje's administration. Commissioner Shanono presents comparative figures on education and tech spending. Read the full details.
Zamfara's N861bn 2026 Budget Targets Growth
Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.
Zamfara's N861.3bn 2026 budget presented to Assembly
Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.
FG Sets 2026 Budget Exchange Rate at N1,512/$1
The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.
Naira Depreciates as FX Gap Between Official, Parallel Markets Widens
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.
Christmas Cash Demand Hits New Highs in Nigeria
Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.
Ododo submits ₦820.49bn 2026 budget to Kogi Assembly
Kogi State Governor Ahmed Ododo presents a ₦820.49bn budget for 2026, focusing on infrastructure and debt repayment. The budget marks a 35.7% increase from 2025. Read the full details and analysis.
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