Naira

The Naira on Friday appreciated to N1,477 per dollar in the parallel market from N1,480 per dollar on Thursday. But the naira depreciated to N1,455.5  per dollar in the Nigerian Foreign Exchange Market (NFEM). Read Also: FULL LIST: CBN…
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The Central Bank of Nigeria (CBN) has warned Nigerians to stop abusing the naira, stressing that the national currency is a symbol deserving respect and proper handling. Speaking at the CBN Fair in Enugu on Tuesday, Acting Director of…
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The naira traded modestly weaker on Tuesday, November 11, 2025, as Nigeria’s official Daily Foreign Exchange Market (NFEM) — the volume-weighted average used as the day’s benchmark — closed around ₦1,436.58 to the US dollar, according to…
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The Naira on Friday extended its gain, closing the trading week stronger at N1,421.73 to the dollar at the official foreign exchange market. Data from the Central Bank of Nigeria (CBN) showed that the local currency appreciated by N15.23…
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The Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a move that has unsettled marketers and raised fresh concerns about fuel pricing and foreign exchange pressure. In an email sent to its customers at…
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By Prince Daniel Dear Mr President, I Respectfully Differ on Where You Met The Dollar I am not an economist, but as a petty trader I am certainly a lover of figures. Numbers tell stories, they provide context, and they guide decisions.…
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The controversy over the Super Falcons’ WAFCON bonuses has taken a new turn, with reports suggesting the delay was not due to negligence by the Nigeria Football Federation (NFF) but rather a standoff over payment in Naira. Sports analyst…
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The Naira on Wednesday gained N3.42 against the dollar, trading N1526.15 at the official market amid commendation by the International Monetary Fund (IMF). Data obtained from the website of the Central Bank of Nigeria (CBN) showed that…
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Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to ₦865 per litre. It was gathered that the $20bn refinery informed its marketers and customers of the slash on Thursday. An…
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Dangote Refinery has suspended the sale of petroleum products to the domestic market in Naira, following the failure of the Federal Government to renew the crude-for-Naira deal, the company had with NNPC Limited. The refinery in a…
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