Naira Holds Steady as CBN's $190m Boost Sparks Fresh Investor Optimism

Currency volatility may persist in H2 2025 without stronger fiscal-monetary coordination, analysts warn

As Nigeria steps into the second half of 2025, economic analysts have raised fresh concerns about the lingering instability in the foreign exchange market, warning that without stronger synergy between fiscal and monetary policies, the volatility of the naira may continue unchecked. Despite ongoing efforts by the Central Bank of Nigeria (CBN) to stabilize the foreign exchange (FX) market, experts argue that the root causes of the naira’s trouble…

Naira Remains Stable at ₦1,586 to the Dollar Amid Growing Investor Confidence

The Nigerian Naira has ended the week on a stable note, closing at ₦1,586.15 to the US Dollar on the […] Source

‎Naira Gains Against Dollar in Both Official, Parallel Markets - Economic Confidential

‎The naira appreciated by ₦5.33 against the US dollar across both the official and parallel markets on Saturday, May 31, reflecting ongoing

Naira Holds Steady at N1,586/$1 in Official Market - Tech

The naira maintained its previous rate of N1,586/$1 in the official market on Friday, showing relative stability at the end of a week of fluctuations in the foreign exchange market. The end-of-the-week rate represents a 0.38% decline compared to last Friday’s closing rate of N1,580/$1. According to data from the Nigerian Foreign Exchange Market, the naira traded between N1,584.50/$1 and N1,589/$1 during Friday’s session before settling at an off…

Naira holds steady as CBN's $190m boost sparks fresh investor optimism

Despite global and local challenges, the naira has remained stable in recent months, thanks to the CBN's reforms and a recent $190 million intervention boost.

Fresh Optimism Boosts Naira Value to N1,586/$1 at Official Market

By Adedapo Adesanya The value of the Naira appreciated against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, May 29 amid fresh optimism despite sustained pressure on the country’s external reserves and a widening demand-supply gap in the FX market. During his speech to commemorate his second year in office […]