Business

Naira Strengthens to N1,357.26/$ as FX Liquidity Improves — Near One-Month High

The naira strengthened to N1,357.26 per dollar on Wednesday — a near one-month high last seen on May 6 — as improved…

Business

CBN Relaxes Dollar Account Rules, Grants Nigerians Unrestricted Access to FX Funds as Naira Hits Three-Week High

The naira has surged to a three-week high against the dollar, closing at N1,357.26 on Wednesday — a gain of N3.79 from…

Business

Naira Posts Biggest Weekly Gain in Months, Hits N1,367 at NAFEX

The Nigerian naira recorded its strongest weekly performance in months, appreciating to N1,367.5 per dollar at the Niger…

Business

Nigerian Crude Surges to $113/b — Far Above Brent’s $96/b as Iran War Reshapes Energy Markets

Nigeria’s crude oil grades are trading at a premium on global markets, with Brass River and Qua Iboe selling at $1…