Topic Archive

#naira

Nigerians Protest Dollar-Only Ticket Sales by Foreign Airlines

Nigerian passengers and travel agents are protesting foreign airlines’ refusal to accept naira for ticket sales, calling the dollar-only policy harmful and discriminatory.

95News•11/5/2025

Article

Trump’s Invasion Threat Rattles Nigerian Markets, Raises Risk for Assets and Investors

Trump’s remarks—warning of a potential military strike over alleged religious persecution—have triggered concern among investors and analysts. Nigeria’s Eurobond yields have widened, the naira has weakened further, and trade finance costs are rising as global markets reassess the country’s geopolitical risk.

95News•11/3/2025

Article

Naira Holds at ₦1,421/$ Officially, ₦1,450 on Parallel Market as FX Pressures Persist

Nigeria’s Naira continues to trade under pressure, with official and parallel market rates showing wide gaps across major currencies. As of today, the Central Bank of Nigeria (CBN) rate for the U.S. dollar stands at ₦1,421.73, while black market traders sell at around ₦1,450. The disparity reflects ongoing foreign exchange shortages and rising demand for hard currency.

95News•11/3/2025

Article

Naira Gains as Nigeria Exits Financial Crime Watchlist

The removal of Nigeria from the FATF grey list is a clear signal to the world that Nigeria can meet and exceed global standards in financial integrity — Hafsat Abubakar Bakari, Director/CEO, Nigerian Financial Intelligence Unit (NFIU)

95News•10/25/2025

Article

Dollar-to-Naira rate: Official window holds steady, but parallel market remains weak

The naira has traded at around N1,460 per dollar at the official window and N1,470 on the parallel market, its strongest level this year,” said one forex dealer, noting that rising reserves and reduced speculation have helped so far.

95News•10/24/2025