Foreign investment in Nigeria’s telecom sector plunged 57.8% to $80.78m in Q1 2025, but naira stability, tariff hikes aim to spark a rebound.| TechCabal
Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as foreign investors wager on Nigeria in 2025.| Legit.ng - Nigeria news.
The Nigerian currency weakened against the US dollar on Monday, February 3, 2024, amid CBN's extension of foreign exchange sales for Bureau de Change operators.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance amid the appreciation of the Nigerian currency, the naira.| Legit.ng - Nigeria news.
The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira respectively amid CBN's new FX Code.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) introduced the newly launched FX Code to boost liquidity, and transparency and stabilise the local currency, the naira.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) says the naira is one of the strongest currencies in the world, urging Nigerians| Nairametrics
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday. This| Nairametrics
The naira is in its longest stretch of stability this year, holding within a narrow band of N1,520–N1,537 per dollar| Nairametrics
The Nigerian naira's exchange rate stayed muted against the US dollar on the unofficial secondary foreign exchange market after the| Nairametrics
The value of the naira continues its free fall against the US dollar in the foreign exchange market and is now currently at the lowest level in history.| Legit.ng - Nigeria news.
The Nigerian currency has depreciated against the US dollar in both the official and unofficial foreign exchange markets, leaving CBN with more headaches.| Legit.ng - Nigeria news.
The Nigerian economy received $282 million in diaspora remittances in the first three months of this year as experts forecast more inflows in 2024.| Legit.ng - Nigeria news.
Former presidential aide, Reno Omokri, said some Nigerians are praying that the appreciation of the Naira against the United States dollar will not last.| Legit.ng - Nigeria news.
The Central Bank of Nigeria revealed that the value of the naira depreciated against the British pound and the US dollar but appreciated against the euro.| Legit.ng - Nigeria news.
The Central Bank of Nigeria has broken a new remittance inflows as dollar inflows into Nigeria hit a five-year high at $20.98 billion in 2024 under Cardoso.| Legit.ng - Nigeria news.
The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the CBN for dollar sales to BDCs| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise the naira and repay foreign debts.| Legit.ng - Nigeria news.
The value of the Nigerian currency, the naira, continued its free fall against the United States dollar in the foreign exchange market, and it could get worse.| Legit.ng - Nigeria news.
The value of the Nigerian currency has appreciated against the United States dollar in the official foreign exchange market, but fell to pound and also the euro.| Legit.ng - Nigeria news.
The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the Dollar appreciates in the NAFEM window.| Legit.ng - Nigeria news.
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced by the Central Bank of Nigeria.| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserves have depleted by $1.38 billion, hitting a five-month low as the CBN's data shows that Nigeria's reserves are now $39.497bn| Legit.ng - Nigeria news.
The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at $835.49 IN 2025 compared to 2024.| Legit.ng - Nigeria news.
Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance in Nigeria's ports.| Legit.ng - Nigeria news.
The official exchange rate for the naira fell against the dollar, prompting black market traders to set a new rate, as the CBN's efforts falls flat.| Legit.ng - Nigeria news.
Nigeria's foreign exchange reserve has witnessed a boost of about $262 million in 19 days to $32.369 billion, a major push to strengthen the value of the naira| Legit.ng - Nigeria news.
The Nigerian currency has depreciated further in the official foreign 'exchange market by 1.27% to N1,441 per dollar as CBN's weekly FX sales stall in two weeks.| Legit.ng - Nigeria news.
An economist, Bismarck Rewane, has projected a sound exchange rate for the Nigerian naira in January 2025, saying the currency will bounce back stronger.| Legit.ng - Nigeria news.
The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33-month high of $40 billion.| Legit.ng - Nigeria news.
The naira recovered in the official and black markets on November 7, 2024, after falling to its lowest the day earlier as the US dollar rebounded strongly.| Legit.ng - Nigeria news.
See the latest news on Naira, currency, exchange rate of Dollar to Naira today in Nigeria on Legit.ng.| Legit.ng - Nigeria news.
The Nigerian currency is now among the world's worst-performing currencies, joined by other African currencies, following a reversal of gains in recent weeks.| Legit.ng - Nigeria news.
The Central Bank of Nigeria (CBN) again adjusted the exchange rate for duty clearance to N1,457.014, following the naira's crash against the dollar.| Legit.ng - Nigeria news.
A new report by the Standard Bank has predicted that Nigeria will earn about $5.1 billion in foreign inflow and that the naira would settle at N1,219 per dollar.| Legit.ng - Nigeria news.
The official and parallel markets are trading at almost the same rates following the crash of the naira against the dollar in the last three weeks.| Legit.ng - Nigeria news.
The Nigerian currency, the naira, recorded a loss of N38 to the dollar on Thursday, May 9, 2024, in the official market and in the parallel segment of the FX market.| Legit.ng - Nigeria news.
The Nigerian currency, the naira sank to its lowest in the official foreign exchange market on Tuesday, November 12, 2024, closing at N1,689.44 per dollar.| Legit.ng - Nigeria news.
The naira crashed again on Friday, May 13, 2024, against the US dollar in the parallel and official markets, closing at N1,478 and N1,520, respectively.| Legit.ng - Nigeria news.