Forex

Economy

Naira rallies to eight-month high at official FX window

Plu Team -
Nigeria’s naira climbed to its strongest level in more than eight months at the...
Economy

Naira rebounds to three-week best days before Christmas

Plu Team -
The naira strengthened to N1,449.9 per dollar on Tuesday, its best level since December...
Economy

Naira hits strongest black market level in over a year, trading at ₦1,440/$

Plu Team -
The naira strengthened sharply on Thursday in the parallel market, trading at ₦1,440 per...
Companies

Dangote Cement bets on exports to build $22m forex cushion

Plu Team -
Dangote Cement is turning to exports as its insurance policy against Nigeria’s turbulent currency....
Economy

Naira stabilised after 2023 crisis, but cracks are emerging

Ini Ekott -
After a six-month rebound from its worst-ever crisis in 2023, the naira weakened sharply...
Banks

Zenith Bank fined N15.4bn over forex, money laundering violations

Ini Ekott -
Zenith Bank Group, owner of Zenith Bank, was hit with a N15.4 billion fine...
Economy

Naira plunges after weeks of stability as demand pressure mounts

Plu Team -
The naira weakened further against the US dollar on Tuesday, extending losses from earlier...
Banks

CBN warns banks against rejecting older, smaller dollar bills

Glory Okah -
The Central Bank of Nigeria (CBN) has warned commercial banks and forex dealers against...
Economy

Nigeria reports sudden and huge Naira gain — the most in six weeks

Plu Team -
The naira rose big against the dollar on Tuesday, recording its best performance in...
Economy

Understanding how CBN’s new record high interest rate affects you

Olawale Afolabi -
The Central Bank of Nigeria has raised its benchmark interest rate to a new...
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