Browsing Tag
Currency
16 posts
US and Japan Join Forces to Stabilize Yen in Rare Intervention
Japan and the US have launched a rare joint intervention to bolster the yen, aiming to curb its decline and stabilize global market conditions.
Naira experiences mixed performance across official and parallel markets
The naira slipped to N1,415 per dollar in the parallel market while gaining ground in the official exchange sector.
Nigerian Naira Hits Weekly High Against US Dollar on July 22, 2026
The Nigerian naira strengthened significantly in both official and parallel markets on July 22, 2026, reaching its highest weekly gains as external reserves climbed to $52.03 billion.
Currency Exchange Update: Dollar to Naira Rates for July 22, 2026
On July 22, 2026, the naira traded at ₦1,381.68 per dollar in the official market, while the parallel market saw rates reaching ₦1,413 per dollar.
ECOWAS Confirms 2027 Launch Date for ECO Regional Currency
ECOWAS leaders have officially committed to launching the ECO single currency by 2027 to drive regional integration, while also setting a roadmap for counterterrorism and addressing regional food and security challenges.
Naira Exchange Rates Against the Dollar for July 21, 2026
The Nigerian naira held steady against the US dollar on July 21, 2026, as the market awaited updates from the Central Bank of Nigeria regarding monetary policy and liquidity.
Nigerian Naira Declines Against Dollar Across Major Markets
The naira recorded a decline in both the parallel and official exchange markets on Friday, driven by supply shortages and increasing demand.
Naira Exchange Rates: July 15, 2026 Update
The naira showed mixed results on July 15, 2026, with a slight dip in the official market and an improvement in the parallel market.
Central Bank Confirms N100 Note Status as Valid Currency
The Central Bank of Nigeria has confirmed that the standard N100 note remains valid tender following reports of businesses rejecting the currency.
Naira Gains Value Against Dollar Across Markets
The naira recorded gains in both the official and parallel markets as the exchange rate gap narrowed significantly.