The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The naira hovered near 1,324.70 to the American dollar on Wednesday morning as chronic foreign exchange tightness continues to test the currency reforms of the Central Bank of Nigeria. Spot trading across early deals saw the domestic unit edge between 1,323.80 and 1,329.00 before settling around 1,324.70 in the official market. That movement follows modest…
The Nigerian naira held steady at 1,326.30 to the American dollar on the official window on Tuesday, 15 September 2026. Central Bank of Nigeria records show that the spot rate firmed slightly from Monday’s opening levels at the Nigerian Foreign Exchange Market. Street dealers in Lagos, Abuja, and Kano quoted the greenback between 1,385 naira…
The Nigerian naira opened the trading week at 1,326.84 to the American dollar on the official window on Monday, 14 September 2026. Central bank records show that the spot rate held steady near the 1,326.52 recorded over the weekend at the Nigerian Foreign Exchange Market. Street traders in Lagos, Abuja, and Kano quoted the greenback…
Nigeria’s currency found rare stability on Friday, holding at 1,548 naira to the euro in official trading. The Central Bank of Nigeria has built a foreign exchange buffer that currently fluctuates between 54.08 billion and 54.13 billion dollars. That haul marks the highest reserve level recorded by the monetary authority since December 2008. The steady…
The Nigerian naira gained ground against the British pound sterling on Wednesday, 9 September 2026, firming to N1,788 in official interbank dealings. The rally caps two weeks of steady appreciation as the Central Bank of Nigeria chokes off speculative demand for foreign paper. Bureau de change operators in Lagos and Abuja adjusted their retail selling…
The naira opened Tuesday, 8 September 2026, holding firm around N1,321 per dollar in official trade, extending its measured appreciation as central bank interventions continue to starve currency desks of speculative local cash. In the parallel market, bureau de change operators adjusted quotes to N1,395 for buying and N1,405 for selling. The resulting gap between…
The naira extended its steady advance on the official foreign exchange market on Monday, 7 September 2026, trading near N1,321 to the American greenback as aggressive central bank mopping operations continued to starve currency speculators of local cash. Official transaction data from the Nigerian Foreign Exchange Market shows the local unit firmed from N1,332 recorded…
The Nigerian naira strengthened to N1,329 per US dollar at the official Nigerian Foreign Exchange Market on Thursday, 3 September 2026. Fresh data from the Central Bank of Nigeria shows the domestic currency gaining steady ground after closing earlier sessions near N1,337. Traders on commercial interbank desks in Lagos quoted live morning bids moving between…
The Nigerian naira sustained its steady multi-week consolidation on Monday, 31 August 2026, holding near N1,337 per US dollar at the official foreign exchange window. Early indicative electronic quotes hovered around N1,346.78 before wholesale banking desks resumed regular session trading. Parallel market operators in Lagos and Abuja traded dollars at N1,400, reflecting a N7 gain…
The Nigerian naira strengthened to N1,342.04 per dollar in early trading on Friday, 28 August 2026, extending a steady multi-week recovery across the official foreign exchange window. Data from the Nigerian Foreign Exchange Market showed the local currency gaining ground from N1,343.68 recorded at the previous day’s close. Parallel market operators in Lagos and Abuja…