Latest News for: naira

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Dangote ends naira pricing for refined oil products in Nigeria

Moneyweb 14 Jul 2026
Citing failings in a landmark 2024 plan for the state-owned energy company to supply crude in local currency ... .
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Naira faces renewed pressure from summer travel, school fees dollar demand

Business Day Online 09 Jul 2026
Black market rate weakens to N1,425/$ Nigeria’s currency, the naira, is coming under renewed pressure in the parallel foreign exchange. read more Naira faces renewed pressure from summer travel, school fees dollar demand ....
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Naira slips marginally despite stronger FX liquidity, rising reserves

Business Day Online 08 Jul 2026
Naira weakened slightly in the official foreign exchange (FX) market on Wednesday despite improved market liquidity and rising external reserves,. read more Naira slips marginally despite stronger FX liquidity, rising reserves ....
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CBN Clarifies Legal Tender Status of 100 naira Banknotes (Central Bank of Nigeria)

Public Technologies 08 Jul 2026
). https.//www.cbn.gov.ng Central Bank of Nigeria ... The Bank remains committed to safeguarding the integrity of the Naira, ensuring confidence in all duly issued banknotes, and promoting smooth currency circulation across the country ... Ag ... Disclaimer.
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Wema Bank Introduces 3 tracks, 7 Verticals, Millions of Naira in Grant Prizes at 7th Edition of Hackaholics

This Day 02 Jul 2026
Nigeria . 4 seconds ago. Bennett Oghifo. Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the 7th edition of its flagship innovation initiative, Hackaholics ... .
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Why naira is at a three-month low despite rising dollar liquidity

Business Day Online 01 Jul 2026
The naira has been cooling in the official foreign exchange (FX) market, depreciating to a three-month low of N1,383.63 on. read more Why naira is at a three-month low despite rising dollar liquidity ....
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Naira cools further despite higher FX interbank liquidity, rising reserves

Business Day Online 29 Jun 2026
The naira on Monday remained under mild pressure against the dollar in the official foreign exchange (FX) market despite improving. read more Naira cools further despite higher FX interbank liquidity, rising reserves ....
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Naira cools to two-month low despite rising liquidity, reserves

Business Day Online 25 Jun 2026
The naira on Wednesday weakened to a two-month low against the dollar in the official foreign exchange (FX) market, despite. read more Naira cools to two-month low despite rising liquidity, reserves ....
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Cardoso Launches Naira Ambassadors Club, Warns Currency Abuse Raises Costs for Economy

This Day 24 Jun 2026
The central bank governor said, “The Naira Ambassadors Club is founded on this conviction ... “As Naira Ambassadors, you are expected to become advocates of proper currency handling.
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Naira steadies as external reserves surpass CBN target

Business Day Online 23 Jun 2026
The naira strengthened marginally across foreign exchange (FX) market segments on Monday as Nigeria’s external reserves exceeded the Central Bank. read more Naira steadies as external reserves surpass CBN target ....
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External reserves hit CBN’s $51.04bn target as naira posts weekly loss

Business Day Online 20 Jun 2026
The naira ended the week weaker across foreign exchange (FX) market segments amid slowing market liquidity, despite Nigeria’s external reserves. read more External reserves hit CBN’s $51.04bn target as naira posts weekly loss ....
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Naira gains as external reserves climb to $50.5bn

Business Day Online 16 Jun 2026
The naira appreciated against the dollar across foreign exchange (FX) market segments on Monday as Nigeria’s external reserves rose to. read more Naira gains as external reserves climb to $50.5bn ....
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IMF: Nigeria’s Stablecoin Surge Strains Monetary Policy as Naira Weakens

Bitcoin World 16 Jun 2026
Since 2023, the Naira has lost significant value against the dollar, eroding purchasing power and savings ... Why are Nigerians using stablecoins instead of the Naira?. High inflation and the Naira’s ...
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Naira posts weekly loss as dollar liquidity slows despite rising reserves

Business Day Online 13 Jun 2026
The naira recorded losses across foreign exchange (FX) market segments during the week as dollar liquidity weakened despite a continued. read more Naira posts weekly loss as dollar liquidity slows despite rising reserves ....
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