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House Directs CBN, NIRSAL, SMEDAN to Restructure COVID-19 Loan Repayment

The House of Representatives has directed the Central Bank of Nigeria (CBN), the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), and the...

Naira Holds Steady Against Dollar as CBN Reforms Boost FX Market Stability

The Nigerian Naira remained relatively stable against the US Dollar at the start of the trading week, reflecting the continued impact of recent policy...

Naira Strengthens Against Dollar at Official Market, Weakens in Black Market

The Naira extended its gains against the US Dollar at the official foreign exchange market on Monday, continuing its recent appreciation trend. According to...

Naira Strengthens at Official Market Amid Rising Forex Reserves

The naira continued its upward trend against the US dollar at Nigeria’s official foreign exchange market on Thursday, data from the Central Bank of...

Naira Extends Losses at Official Market Despite Rising Reserves

The naira depreciated further against the dollar at the official foreign exchange market on Thursday, according to data from the Central Bank of Nigeria. Figures...

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