15 h. ago Nigeria’s Currency Reforms Spark Dollar Ambitions – Why Digital Domains Could Be The Next Global Play

Nigeria’s sweeping economic reforms in 2025 have reshaped the financial landscape. The Central Bank has expanded avenues for diaspora remittances, improved access to foreign exchange, and signaled greater flexibility for international payments. These moves have opened doors for Nigerians to connect more directly to dollar-denominated opportunities. Against the backdrop of a volatile naira, the prospect […]

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54 h. ago Naira gains momentum as FX speculations decline, reserves hit $43bn

Tribune Online Naira gains momentum as FX speculations decline, reserves hit $43bn The Nigerian naira is staging its strongest comeback in years, fueled by surging foreign reserves, declining speculative activities in the foreign exchange market, and sweeping reforms introduced by the Central Bank of Nigeria (CBN). The currency, which had been battered by years of volatility and sharp depreciation, is now regaining investor confidence and market credibility, […] Naira gains momentum as FX speculations decline, reserves hit $43bn Tribune Online

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9 d. ago Forbes Report Lists Naira Among Africa’s Weakest Currencies In September 2025

The Nigerian Naira has been ranked as the ninth weakest currency in Africa in September 2025, according to a Forbes Currency Calculator report, highlighting the persistent strain on the nation’s economy despite recent signs of easing inflation. The Forbes Currency Calculator, which draws real-time foreign exchange data from the Open Exchange Rates API, updates every […] The post Forbes Report Lists Naira Among Africa’s Weakest Currencies In September 2025 appeared first on Information Nigeria.

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9 d. ago Ogun Monarch Condemns Taye Currency’s Song At Olubadan Coronation

Oba Adetokunbo Tejuosho, the Olu of Kemta Orile in Odeda Local Government Area of Ogun State, has criticised popular Fuji musician Taye Currency. He condemned the singer for performing what he described as “disgusting and uncultured lyrics” during the installation of Oba Rashidi Adewolu Ladoja as the 44th Olubadan of Ibadan, Oyo State, on Friday. […] The post Ogun Monarch Condemns Taye Currency’s Song At Olubadan Coronation appeared first on Information Nigeria.

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3 w. ago Nigeria’s economy back on global investors’ radar as reforms take hold

Tribune Online Nigeria’s economy back on global investors’ radar as reforms take hold CBN’s FX overhaul, stable naira spark renewed confidence despite lag in long-term FDIs Nigeria is re-emerging as a preferred destination for global capital, with fresh data showing inflows hit $5.6 billion in the first quarter of 2025, the highest in five years. The rise, a 67 percent increase from the $3.4 billion recorded a year […] Nigeria’s economy back on global investors’ radar as reforms take hold Tribune Online

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3 w. ago Trust is the currency, data governance the engine: Steering AI in Africa’s boardrooms

This week, six African nations, including Botswana, Tanzania, Sierra Leone, and Mozambique, are gathered in Abuja to study Nigeria’s forward-looking read more Trust is the currency, data governance the engine: Steering AI in Africa’s boardrooms

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3 w. ago External reserves rise by $4.1bn in one month on oil, capital inflows

Weekly FX inflows decline 24 Nigeria’s foreign currency reserves grew by $4.1 billion in the last one month, driven by read more External reserves rise by $4.1bn in one month on oil, capital inflows

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4 w. ago Obasanjo renews call for single African currency, laments Naira’s collapse

Tribune Online Obasanjo renews call for single African currency, laments Naira’s collapse Former Nigerian President, Olusegun Obasanjo has renewed his longstanding call for the adoption of a single African currency, warning that the continent’s overreliance on the US dollar continues to weaken local economies and undermine Africa’s development agenda. Speaking during a Fireside Chat moderated by CNBC Africa’s Fifi Peters at the ongoing Intra-African Trade Fair (IATF […] Obasanjo renews call for single African currency, laments Naira’s collapse Tribune Online

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