Naira maintains steady rise, hits N1,358.28 as reserves grow
The naira continued its steady appreciation against the US dollar across Nigeria’s foreign exchange markets on Wednesday, strengthening to N1,358.28...
- Thursday, June 04, 2026
BusinessDay
The naira continued its steady appreciation against the US dollar across Nigeria’s foreign exchange markets on Wednesday, strengthening to N1,358.28...
The naira rallied to its strongest level in two years last week, buoyed by a weakening US dollar, rising oil...
Naira-denominated mutual funds surged by about 140 percent in one year as investor appetite shifted away from dollar assets, signalling...
The naira on Tuesday surged to a record high of N1,372.91 to the dollar in the official foreign exchange (FX)...
Nine Nigerian banks have raised a combined N2.3 trillion in fresh capital as the March 31, 2026 recapitalisation deadline set...
First Abu Dhabi Bank, the United Arab Emirates’ largest lender, plans to open a representative office in Nigeria as it...
The aggressive interest rate hikes implemented by the Central Bank of Nigeria (CBN) have begun to bite, dragging the pace...
The naira on Monday strengthened to a two-year high of N1,450 per dollar in the parallel market, popularly referred to...
Grey, the Y Combinator-backed cross-border payments platform serving over 2 million users, has added Apple Pay and Google Pay support...
One of Nigeria’s policy groups, the Independent Media and Policy Initiative (IMPI), has said the new economic model deployed by...