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Nigerian Naira

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News

World Bank: Nigerian Economic Reforms is Yielding Positive Results

Nigeria is witnessing promising economic developments as a result of key reforms. The World Bank has reported that the country’s fiscal deficit has...

News

Nigeria: Weak Naira Presents an Opportunity to Boost Exports, Says CBN Governor Cardoso

Nigeria’s Central Bank Governor, Yemi Cardoso, has highlighted the devaluation of the naira as a potential catalyst for boosting the country’s export trade....

News

Naira Among Worst-Performing African Currencies in 2024

The Nigerian naira has been ranked as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the latest edition of...

Business

Naira Weakens Further as Fuel Price Hike Exerts Pressure on Foreign Exchange Market

The Nigerian naira continues to face mounting pressure, plummeting further against the U.S. dollar in the foreign exchange market following another significant increase...

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Ghana Faces Backlash Over Mahama’s Mining Law and Deportation Policy

Ghanaian President John Mahama is under growing public and political pressure to repeal Legislative Instrument 2462 (LI 2462), a controversial mining regulation that...

Standard Bank Raises Sustainable Finance Target to R450 Billion by 2028, Reinforcing Leadership in Africa’s Just Energy Transition

Johannesburg, South Africa — Standard Bank Group has reaffirmed its leadership in driving Africa’s energy transformation with an enhanced commitment to sustainable finance....