Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the naira's recent stability.

The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...

The Nigerian naira is poised for a significant test as markets reopen on Monday, following a week packed with key ...

The naira's value improved in the foreign exchange market against the US dollar, closing the week positively, with the forex ...

The official and parallel-market exchange rates for the naira converged for the first time in nearly two years on Thursday, ...

But the naira maintained stability across foreign exchange (FX) markets despite steady decline in external reserves that have ...

The naira’s recent appreciation is largely driven by the $8 billion the federal government has injected to stabilize the ...

According to CardinalStone Research’s daily market report, the naira rate appreciated by 1.04 per cent to 1,494.03/$ on the official window, while the parallel market rate also appreciated by 1.66 per ...

Samson Esemuede, Chief Investment Officer at Zrosk Investment Management Ltd, has emphasized that stabilizing the exchange rate should be a ...

The naira has appreciated for 21 consecutive days, strengthening to N1,490/$ in the parallel market and N1,502/$ officially.

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The naira closed against the dollar at N1,502 at both parallel and official sections of the foreign exchange (FX) market on Friday.