The Nigerian Naira opened the new trading week with a slight gain against the US Dollar on Monday, February 23, 2026.
While short-term movements can seem unpredictable, currency values are ultimately shaped by a set of underlying economic forces that interact continuously. Rather than moving for a single reason, ...
Economists believe the central bank will be comfortable with the inflation rate where it is, for now, but are watching for signs of disinflation.
Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
Uncertainty surrounding tariffs has grown, but its impact on exchange rates is expected to be limited. This ruling is unlikely to become a ‘game changer’ for the exchange rate.” Following the U.S.
The Nigeria Customs Service clarifies it does not fix forex rates. All rates for import valuation are officially set and ...
The Nigeria Customs has clarified the exchange rate application in customs validation. In a statement by the National Public Relations Officer of Customs, ...
The Nigeria Customs Service has clarified that it does not set cargo clearance rates, saying the Central Bank of Nigeria ...
The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official ...