…dollar on Thursday, compared with N1,375 traded on Wednesday.Meanwhile, the country's foreign reserves stood at $55.15 billion, according to the latest foreign exchange data from the apex bank.Recall that the naira depreciated against the dollar on Wednesday following a slight appreciation on Tuesday.Dollar-to-Naira ex…

…the same rate recorded the previous day.The development comes as the country's foreign reserves rose further to $55.13 billion, according to CBN data as of October 20, 2026.Recall that the naira appreciated slightly against the dollar at the official foreign exchange market on Tuesday.Dollar-to-Naira exchange rate Toda…

…sessionInterbank foreign exchange turnover fell by 77.7% to $36.24 million as net foreign reserves rose to $46 billionPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with i…

…accumulation of foreign exchange reserves. The minister said that Nigeria’s gross foreign reserves rose to 54.9 billion dollars on Sept. 25, from 32 billion dollars in mid-April 2024. He said that the increase was supported by stronger portfolio inflows, higher export receipts and remittances, alongside increased forma…

…per dollar in the fourth quarter of 2026, with a full-year average of N1,385/$. Rising foreign reserves, foreign investment inflows and lower fuel imports due to increased domestic refining are expected to support the currency. The World Bank also identified the naira as one of Africa’s more resilient currencies in Q2…

…surged by 350% to $326.12 million, according to Central Bank of Nigeria data.Nigeria’s foreign reserves rose to about $54.98 billion, while the naira also weakened against the pound and euro.PAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Da…

…relative stability in the official window has been underpinned by recent improvements in foreign reserves and ongoing monetary policy measures by the Central Bank of Nigeria (CBN), which have helped curb sharp exchange rate fluctuations. The contained premium in the parallel market ranging roughly between ₦43 and ₦63 a…

…through borrowing but were made possible by improvements in the country’s liquidity and foreign reserves. He said, “Let’s be honest. Forget about what the politicians are saying. You know, we are all politicians. But I am saying, in actual fact, that is what happened. “The President raised $500m to rebuild the Lagos ai…

…to this poor man,” Shettima said. “When we assumed the mantle of leadership, our foreign reserves was a staggeringly low 3.9 billion dollars — that was not enough to import oil for one month. He had the courage and the conviction to take far-reaching decisions. “The withdrawal of the fuel subsidy, the realignment of th…

…market, the naira traded at N1,370 per dollar on Friday. This comes as the country’s foreign reserves remained flat at $54.93 billion as of September 30, 2026. Recall that the naira appreciated against the dollar at the official foreign exchange market before the holiday. Dollar to Naira exchange rate today, October 2,…

…growth of more than four per cent, declining oil theft, lower inflation, improved foreign reserves and a more stable foreign exchange market. He also said Nigeria recorded its highest-ever non-oil export revenue in 2025, exceeding $6 billion. The President declared that the administration had moved from what he describ…

…cited a reduction in oil theft, a substantial fall in inflation from its peak, rebuilt foreign reserves and greater stability in the foreign exchange market. Tinubu said Nigeria recorded its highest revenue from non-oil exports in 2025, exceeding $6 billion. “This is real money being made by real Nigerian businesses,”…

…reduced oil theft and a substantial decline in inflation from its peak. He also said foreign reserves had been rebuilt, the foreign exchange market had stabilised and non-oil export revenue exceeded $6 billion in 2025. “These are not idle claims. International observers, journalists, NGOs and multilateral institutions…

…real Gross Domestic Product grew by 4.2 per cent in the first half of 2026, while gross foreign reserves stood at $51.9 billion at the end of July. He also pointed to developments in the energy sector, digital economy, investment and social protection as indications of a movement from economic stabilisation towards str…

“The yardstick of measuring the wellbeing of our economy shall not be based on the manipulated volume of our foreign reserves, but rather on employment indices and income per capita,” he said. The post Nigeria’s economy won’t benefit from continuation of Tinubu’s policies — Duke appeared first on Tribune Online.

…on Thursday, the same rate exchanged the previous day. This comes as the country’s foreign reserves surged further to $52.66 billion as of August 19, 2026. Recall that on Wednesday, the naira had declined against the dollar at the official foreign exchange market. Dollar to Naira exchange rate today, August 20, 2026: N…

…in the foreign exchange market, and growing investor confidence. She said the foreign reserves had exceeded the CBN’s annual target, driven by sustained inflows and renewed participation by investors across different asset classes. According to her, the naira has also recorded gains, with the gap between rates in the o…

…reforms that ended fuel scarcity, greater foreign exchange market stability, increased foreign reserves, local government autonomy, police reforms, the Nigerian Education Loan Fund (NELFUND), tax reforms, and extensive road infrastructure projects across the country and the Federal Capital Territory. “While these refor…

…criticised government officials for celebrating headline figures such as GDP growth and foreign reserves while household conditions worsen, saying ordinary Nigerians have become "unwilling economists" rationing every cup of rice and litre of fuel.He also warned that the collapse in household purchasing power poses a br…

…the report said.It added that ‘‘the refinancing comes as Nigeria seeks to shore up its foreign reserves and fund fiscal priorities amid persistent pressure on the naira currency and efforts to attract foreign investment through economic ‌reforms ⁠launched by President Bola Tinubu’s administration’’.According to the rep…

By Progress Godfrey Nigeria’s foreign reserves have exceeded the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The CBN stated this on Tuesday, emphasising that the growth was driven by renewed investor confidence and sustained capi…

…the same exchange rate recorded on Friday. The development comes as the country’s foreign reserves stood at $51.92 billion, according to data from the apex bank. Recall that the naira recorded a week-long depreciation to end last week. Dollar to Naira exchange rate today, Aug 3, 2026: Nigerian naira records appreciatio…

…and parallel foreign exchange markets, respectively. This comes as the country’s foreign reserves stood at $51.92 billion as of July 30, 2026. Dollar to Naira exchange rate today, July 31, 2026: Nigerian naira records fifth straight depreciation

…segmentsCBN Governor Olayemi Cardoso credited ongoing reforms for pushing Nigeria's net foreign reserves from about $3 billion to over $40 billionFind it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over…

…operators. The mixed sentiments across foreign exchange markets come as the country’s foreign reserves stood at $51.92 billion as of July 16th, 2026. Dollar to Naira Exchange Rate Today, July 17, 2026: Nigerian Naira continues appreciation against US currency