Latest News for: naira

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Naira rally lifts Nigeria stocks to Africa’s top spot

Business Day Online 23 Feb 2026
NGX up 34.4% in dollar terms Analysts see more upside for undervalued stocks Nigeria is officially the best stock market. read more Naira rally lifts Nigeria stocks to Africa’s top spot ....
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How Nigeria’s naira rally can be sustained — Tilewa Adebajo

Business Day Online 23 Feb 2026
The continued rally of the Nigerian naira will be underpinned by a sustained current account surplus, stable or rising reserves,. read more How Nigeria’s naira rally can be sustained — Tilewa Adebajo ....
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Analysts Project Rate Cuts as Cooling Inflation, Stronger Naira Give CBN Room to Ease

This Day 23 Feb 2026
The moderation in both core and food inflation, alongside the naira’s relative stability and appreciation against the dollar year-to-date, has strengthened confidence that price pressures are gradually receding.
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Reuters Report: Naira Expected to Remain Bullish against US Dollar Next Week

This Day 20 Feb 2026
Nigeria’s naira could extend its recent gains, lifted by strong forex inflows and central bank dollar sales to bureau de changes (BDCs), which have helped tighten the spread between official and parallel market exchange rates, it said.
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Naira strength sparks exit warnings as investors look to lock in FX gains

Business Day Online 19 Feb 2026
Analysts are sounding the alarm that the “hot money” which flooded Nigeria to capitalise on high interest rates may soon. read more Naira strength sparks exit warnings as investors look to lock in FX gains ....
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Posthumous Debut ‘Fearcatcher’ Introduces the Singular Voice of Naira Kuzmich

Asbarez 18 Feb 2026
Lush and mythic yet profoundly intimate, Naira Kuzmich’s posthumous debut novel is a journey through perpetual questions of fear and of fate ... Naira Kuzmich. Naira Kuzmich was born in Armenia and raised in the Los Angeles enclave of Little Armenia.
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 Kannywood Actress Jailed for Naira Abuse in Kano

This Day 15 Feb 2026
Nigeria . 4 seconds ago. A Federal High Court in Kano has sentenced Kannywood actress, Saadatu Mohammed Inuwa, better known as Samha, to six months imprisonment for abusing and mutilating Nigerian currency. Justice S.M ... .
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Analysts Credit Drop in Petrol Import into Nigeria to Lower Prices Offshore Lome, Stronger Naira

This Day 15 Feb 2026
Local and international petroleum marketing analysts have attributed the drop in petrol imports into Nigeria to lower Ship-to-Ship (STS) prices offshore in Lomé and a stronger naira ... One major factor is the strong Naira we’ve seen lately.
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Breaking: Court Jails Two Chinese for 46 Years Over Multi-Billion Naira Crypto, Cybercrime Fraud

This Day 11 Feb 2026
Limited, Huang Haoyu, also known as Ken, and An Hongxu, to 46 years’ imprisonment each, or an option of a N56 million fine, for their roles in a multi-billion-naira cybercrime and money laundering scheme.
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Emefiele’s Trial: Banks Hoarded 2022 Redesigned Naira Notes, Says Witness

This Day 11 Feb 2026
Godwin Emefiele, yesterday indicted commercial banks for the scarcity that greeted the Naira redesign policy of the federal government in late 2022 and early 2023.
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Emefiele: Commercial Banks Hoarded 2022 Redesigned Naira Notes, Says Witness

This Day 10 Feb 2026
Recall that during his Evidence-in-Chief, the witness tendered video evidence claiming that the redesign of the Naira notes by the Emefiele-led CBN brought untold hardship for many Nigerians.
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CBN Reforms: How Oil Price Rally is Opening Windows for Naira, Reserves Rebound

This Day 10 Feb 2026
As Brent crude trades around $69 per barrel, comfortably above Nigeria’s 2026 budget benchmark of $64.85, there is cautious optimism that the gains could filter through to the naira Nigerians use every day.
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Cardoso sees Naira regaining regional dominance, halting FX scramble

Business Day Online 09 Feb 2026
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has declared that the Naira is reclaiming its status. read more Cardoso sees Naira regaining regional dominance, halting FX scramble ....
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Naira records 1.5% weekly gain as reserves maintain growth

Business Day Online 06 Feb 2026
The naira ended the trading week on a stronger note across the foreign exchange (FX) markets, appreciating against the dollar. read more Naira records 1.5% weekly gain as reserves maintain growth ....
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Naira cools after ten-day gains on dollar demand

Business Day Online 05 Feb 2026
The naira edged lower on Thursday in the official foreign-exchange market, retreating from a ten-day rally as renewed dollar demand. read more Naira cools after ten-day gains on dollar demand ....
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