Naira

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2025 naira outlook

2025 naira outlook

The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank of Nigeria’s (CBN) new foreign exchange (FX) platform.

Why Naira is in massive recovery race across all markets, by bankers

Why Naira is in massive recovery race across all markets, by bankers

There are indications that the newly introduced foreign exchange market system by the Central Bank of Nigeria, CBN, is the driving force behind the recent massive appreciation of Nigeria’s local currency, the Naira, against the world’s major currencies.