African nations aren’t rushing to prop up their local currencies and tap their limited foreign-exchange reserves, even as US ...

The US dollar soared against the naira on Wednesday, April 9, 2025, despite CBN's injection of $197.71 million into the ...

On April 9, 2025—what President Donald Trump has now dubbed “Liberation Day”—the United States will begin imposing a sweeping ...

Nigeria’s official exchange rate crashed to N1,600/$1 at the end of trading on April 4, 2025, as Trump-era tariffs continued ...

The 14 percent tariffs imposed on Nigeria, according to Trump, is against 27 percent charged to the US by Nigeria.

The global trade war is threatening naira stability following the depreciation of the currency at the close of last week.