Exchange Rate
Naira Strengthens Against Pound, Closes at N1,819/£1
By Benson Daniel The Nigerian naira strengthened against the British pound, with the pound closing at N1,819 on Tuesday, improving from N1,830 recorded...
NFEM Turnover Falls to $185m as Foreign Exchange Market Activity Thins
By Benson Daniel Turnover on Nigeria’s Foreign Exchange Market fell sharply to $185 million on August 11, 2026, marking the lowest level recorded...
Naira Holds Steady as Strong Dollar Supply Supports Foreign Exchange Market
By Benson Daniel The naira ended the trading week largely stable across Nigeria’s foreign exchange market, supported by improved dollar liquidity and stronger...
Naira Holds Firm at N1,837/£1 as Stronger Dollar Pressures British Pound
By Benson Daniel The Nigerian naira remained stable at N1,837 to one British pound in the foreign exchange market as renewed strength in...
Business Activity Climbs To Five Month Peak As Rising Costs Continue To Challenge Firms
By Benson Daniel Nigeria's private sector posted its strongest business performance in five months during July, offering fresh signs that economic activity is...
Naira Holds Firm Against Dollar as FX Market Stability Continues
By Benson Daniel The Nigerian naira maintained a relatively stable performance against the United States dollar on Wednesday, August 5, 2026, as improved...
United Capital Predicts Interest Rates Will Remain Elevated Amid Inflationary Pressures
By Benson Daniel United Capital has projected that Nigeria's interest rates will remain at elevated levels in the near term as persistent inflationary...
Naira Holds Steady Against Dollar as Official and Parallel Market Rates Remain Close.
The Nigerian naira maintained relative stability against the United States dollar as trading opened on Monday, July 27, 2026, with exchange rates remaining...
