The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...
Economists believe the central bank will be comfortable with the inflation rate where it is, for now, but are watching for ...
The Nigerian Naira opened the new trading week with a slight gain against the US Dollar on Monday, February 23, 2026.
Tariffs can be used by government policymakers to protect domestic industries from competition and correct trade imbalances, but they also influence exchange rates and currencies in ways that affect ...
A Nigerian-Canadian woman has taken to the social media platform X to express deep concern after checking the recent exchange rate between CAD and the naira.
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.
Discover how clean float exchange rates work, their benefits, and limits. Learn how supply and demand shape currency value without government interference.
The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...
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, ...
The Nigeria Customs has clarified the exchange rate application in customs validation. In a statement by the National Public Relations Officer of Customs, ...