Finance Dollar to Naira Exchange Rate Slumps as Naira Faces Sharp Depreciation October 24, 2026 Editorial Team The dollar to naira exchange rate hit N1,361.84 on October 23, 2026, marking a massive depreciation that rattles businesses and consumers across Nigeria.
Finance Nigeria’s Foreign Reserves Surge by $12.76 bn in a Year, Adding $708 m in September September 17, 2026 Editorial Team Nigeria’s foreign reserves have jumped $12.76 bn year‑on‑year, reaching $54.61 bn and bolstering the nation’s external liquidity, according to the latest CBN data.
Finance Nigeria’s FX Derivatives Boom: Turnover Jumps 500% as Weekly Trade Hits $3.39 bn September 14, 2026 Editorial Team Nigeria's FX derivatives market exploded with a 500% surge, driving weekly FX turnover up 40.45% to $3.39 billion – a clear signal of deepening liquidity and investor confidence.
Finance Naira Hits N1,337/$ as FX Turnover Crashes 49% in August 2026 August 29, 2026 Editorial Team The naira strengthened to N1,337 per dollar at the Nigerian FX market on Friday, 29 August 2026, even as weekly FX turnover fell 49% to $2.71 billion, defying market expectations.
