Tag: Exchange rate Nigeria

Naira gains, but $1.14bn reserves drop signals pressure on CBN strategy

Business Damilola Bayonle -
Naira Rises as CBN Mops Up N2.3trn, Despite $1.14bn Reserves Pressure Nigeria’s currency strengthened last week after aggressive liquidity tightening...

Naira maintains flat rate amid oil production decline | Market & FX insights 2025

Business Damilola Bayonle -
Despite a notable decline in crude oil production, the Nigerian naira has demonstrated remarkable resilience, maintaining a largely flat...