Naira Ends Week Broadly Stable After MPR Reset

Naira ends week broadly stable after MPR reset

The naira ended the week broadly stable across foreign exchange (FX) market segments amid the Central Bank of Nigeria’s (CBN) read more Naira ends week broadly stable after MPR reset

CBN unveils new dollar rate as naira begins week firm as USD, other currencies

Naira gains against the US dollar as forex turnover rises 8.9% to $2.25bn, while the CBN rate cut to 23% raises questions about demand for naira assets now.

Naira Firms As Forex Turnover Rises 9% After CBN Rate Cut

By BUKOLA ARO-LAMBO and DEBORAH BELLO The value of the naira firmed against the dollar last week following the reset of the monetary policy rates by the Central Bank of Nigeria (CBN) from 26.5 per cent to 23 per cent to meet market realities as the turnover rose. Total forex turnover on the NFEM from […]

NFEM turnover falls 17.7% to $2.25 billion as CBN cuts MPR to 23% in second weekly decline

Turnover on the Nigerian Foreign Exchange Market (NFEM) fell 17.7% week-on-week to $2.25 billion in the week ended September 25, 2026, extending the market’s decline for a second consecutive week.