Tag: Naira stability

Labour says Nigerians yet to feel benefits of Tinubu’s economic reforms despite stronger indicators

Business Damilola Bayonle -
Gains of Tinubu’s economic reforms still elusive – Labour Despite improving macroeconomic indicators, organised labour leaders and small business operators...

Inflation drops to 15.10% as naira gains strength, reserves hit $46.8bn

Business Damilola Bayonle -
Inflation plunges as reforms anchor naira stability Nigeria’s disinflation trajectory has gathered momentum, with headline inflation declining to 15.10 per...

Naira shows resilience as dollar trades steady across official and black markets

Business Damilola Bayonle -
Dollar to Naira exchange rate today, February 13, 2026 shows sustained stability across key FX windows The dollar to Naira...

CBN grants BDCs $150,000 weekly FX sales access to stabilize naira and boost market liquidity

Business Damilola Bayonle -
CBN Approves $150,000 Weekly FX Sales to Licensed BDCs to Boost Market Liquidity The Central Bank of Nigeria (CBN) has...

Nigerian FX revival sccelerates as CBN reforms and rising oil prices strengthen naira

Business Damilola Bayonle -
Nigeria’s foreign exchange (FX) market is showing remarkable resilience as reforms spearheaded by the Central Bank of Nigeria (CBN)...

₦3.44 trillion rush: Investors flood CBN T-Bills oversubscription as yields stay high

Business Damilola Bayonle -
CBN Records Strongest Treasury Bills Demand in Over a Year as Investors Chase High Yields Nigeria’s fixed-income market has recorded...

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...

Nigeria external reserves hit $46.7bn amid strong FX inflows

Business Damilola Bayonle -
FX Inflows Strengthen External Position Nigeria external reserves have climbed to $46.7bn, marking their strongest level in years as the...

CBN reforms drive FX inflows, strengthen naira despite global oil slump

Business Damilola Bayonle -
Despite global oil prices plunging below Nigeria’s fiscal benchmark, the Central Bank of Nigeria (CBN) has sustained the flow...

CBN pumps $1.25bn into fuel import to stabilise market and strengthen Naira

Business Damilola Bayonle -
In a move aimed at ensuring steady fuel supply and stabilising the downstream petroleum market, the Central Bank of...

FG’s $2.35bn External Borrowing Plan Explained by DMO

Business Damilola Bayonle -
Nigeria’s Debt Management Office (DMO) has provided clarity on the FG’s $2.35bn external borrowing plan, describing it as a...

Nigeria FX reserves hit $42bn in 2025 – strongest level in six years

Business Damilola Bayonle -
Nigeria’s foreign exchange (FX) reserves have surged to their strongest level in six years, surpassing the $42 billion mark...