Naira exchange rate News
Latest articles and news about Naira exchange rate on AXL Media.
Latest Articles
- Naira Maintains Stability Against Dollar in Parallel Market as April 2026 Concludes
Published: Apr 30, 2026
Section: Africa
The Nigerian Naira held steady against the US Dollar in the parallel market on April 30, 2026, with exchange rates hovering around 1400/1$. While the black market continues to see...
- Economic Think Tank CPPE Rejects World Bank Proposal for Increased Imports, Warning of Threatened Industrial Recovery
Published: Apr 13, 2026
Section: Africa
The Centre for the Promotion of Private Enterprise (CPPE) has condemned a recent World Bank call for Nigeria to increase food and fuel imports. CEO Dr. Muda Yusuf labeled the recom...
- Wema Bank Reports Record 116% Profit Growth To N222 Billion In 2025 Financial Year
Published: Apr 9, 2026
Section: Africa
Wema Bank Plc has announced a historic financial performance for 2025, with profit before tax surging to N221.85 billion. The lender’s growth was driven by a 103% rise in net inter...
- Naira Trades at 1408 Against US Dollar in Parallel Market as Central Bank Maintains Lower Official Rates
Published: Mar 20, 2026
Section: Africa
The Nigerian Naira is currently trading at 1408 per US Dollar in the unofficial parallel market, while the Central Bank of Nigeria maintains a significantly lower official rate bet...
- Naira Defies Volatility to Close February Stronger at ₦1,368.5/$, Posting Significant Month-on-Month Gains
Published: Mar 2, 2026
Section: Africa
The Nigerian Naira concluded February 2026 on a positive note, appreciating against the U.S. Dollar to close at ₦1,368.5 at the official NAFEM window. This performance marks a nota...