Nigeria's naira < > is expected to depreciate further next week as foreign investors sell local assets amid global risk ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the use of national currencies in bilateral trade settlements.Speaking at a ...

Nigeria’s naira is recovering from record lows hit this year, following interventions by its central bank through interest rate rises and the direct sale of dollars to foreign exchange bureaus. The ...

Nigeria’s competitive currency has helped the country achieve a trade surplus, strengthening domestic production, CBN's ...

Stronger local currencies across sub-Saharan Africa are cooling inflation and easing business cost pressures, paving the way ...

Nigeria’s central bank and the International Finance Corp. signed an agreement to facilitate local-currency financing, hoping to boost demand for naira while helping firms to avoid the the ...

NPR's Adrian Ma speaks with Cerian Richmond Jones of The Economist about the decision by Nigerian and Ethiopian governments to float their respective currencies. Two of Africa's biggest economies are ...

Nigeria’s broad money supply surged to N119.52 trillion in August 2025, marking a sharp increase from N117.4 trillion recorded in ...

Graph is now licensed by the Central Bank of Nigeria as an International Money Transfer Operator, enhancing its ability to ...

ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets, the bank said on ...

Two of Africa's biggest economies are taking drastic measures to stabilize those economies. In recent months, Ethiopia and Nigeria have been facing severe inflation, mounting debt and trouble ...