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.
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.
Discover which countries host the largest Nigerian populations abroad. We break down the data on UK, US, and Canada, revealing surprising migration shifts and key diaspora hubs.
A Nigerian lady living in Japan shares surprising ways Nigeria outperforms Japan, from 24-hour ATMs to bigger apartments. Her viral TikTok video sparks debate.
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.
A UK-based lawyer, @chymaker, vows to formally renounce his Nigerian citizenship in 2026 and will go to court if his application is denied. He hasn't renewed his passport since 2020. Read the full story.
A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.
Explore the best Nigerian books of 2025, featuring powerful stories on migration, family, and ambition. Discover your next great read or perfect gift before the year ends.
The Nigerian faith community is in mourning following the passing of three prominent pastors in 2025. Their deaths have left a profound void. Read more about their impact and the legacy they leave behind.
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.
Explore the rich tapestry of love expressions in Nigeria, from "Mo nife re" in Yoruba to symbolic gifts and financial support. Discover how actions often speak louder than words.
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.
Discover the Nigerian celebrities who defined style in 2025 with intention and confidence. From Sharon Ooja's chic balance to Adekunle Gold's cultural flair, see the full list.
Explore the 7 pillars of Nigeria's global influence, from Afrobeats and Nollywood to tech innovation and literary genius. Discover the cultural force reshaping the world.
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!
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.
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.
Discover the essence of Nigerian identity through its food culture. From Jollof rice to communal eating, learn how over 250 ethnic groups shape a vibrant culinary landscape that defines social life.
Aba traders face hardship as government operatives impose high levies and seal shops at night. APC chieftain Paul Ikonne condemns the actions as tyrannical. Read more.
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.
Discover Nigeria's most handsome musicians who combine exceptional talent with striking looks. From Davido to Wizkid, these artists dominate both charts and hearts.
Nigeria's largest trading event, Traders Fair 2026, is coming to Lagos on April 10, 2026. Join for expert seminars, networking, and a chance to win prizes. Register now!