Foreign exchange

Dollar to Naira rate showing official and parallel market exchange rates on August 7, 2026

Dollar to Naira rate today, August 7, 2026

The Dollar to Naira rate remained relatively stable on Friday, August 7, 2026. The…

By Maha Christopher
Taiwo Oyedele explaining how the Federal Government spends subsidy savings at a forum in Abuja

How FG spent subsidy savings – Oyodele

The Federal Government has used subsidy savings to service debts, fund salary increases, support…

By Maha Christopher

CBN begins clearing FX forwards backlog

The Central Bank of Nigeria has started clearing its $7 billion backlog of foreign…

By Kamilu Balogun