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.
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
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 $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Lawmaker Gboyega Isiaka defends Tinubu's tough economic policies, stating they are yielding results and will lead to stability and prosperity for Nigeria. Read more.
Nigeria reports 33 new Lassa fever cases in one week, with the national fatality rate climbing to 18.2%. NCDC details the outbreak response as NIPRD addresses a critical shortage of WHO-approved antimalarials.
Asian stock markets climbed Monday as US data fueled expectations for 2026 interest rate cuts. Tech stocks led gains while gold hit a record high. Get the full market analysis.
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
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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 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.
China will tax condoms and contraceptive drugs from 2026 to encourage childbirth as births fall. Experts warn of risks like unplanned pregnancies. Read more on this policy shift.
The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
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 US government has added Nigeria to its list of restricted countries, suspending key visas and shortening validity periods. Discover the full implications for Nigerian travelers.
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
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.
Nigeria's literacy rate stands at 70.4%, but the national average hides a crisis. Imo State leads at 96.43%, while Yobe lags at just 7.23%. Explore the data, causes, and solutions for a more literate Nigeria.
Nigeria's inflation rate fell to 14.45% in November 2025, marking the eighth consecutive decline this year. The NBS report shows food prices remain the main driver. Read the full analysis.
Nigeria's inflation rate declined to 14.45% in November 2025, down from 16.05% in October. Read the full NBS report on food and core inflation trends across states.
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