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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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Gambia to Use Proceeds From Ex-Dictator’s US Mansion Sale to Compensate Victims

The Gambian government has confirmed the receipt of more than $2.57 million recovered from the sale of a United States mansion formerly owned...

Senegalese Workers Protest Rising Living Costs Ahead of Three Day General Strike

Senegalese workers and trade union members have protested in the capital, Dakar, over rising living costs, declining purchasing power and what unions describe...