Forbes contributors publish independent expert analyses and insights. Nigerian Bitcoiner and CEO of Recursive Capital and Btrust The concept of a Naira stablecoin has been floating around for several ...

Naira Marley is addressing the backlash he’s been receiving since the passing of fellow Afrobeats singer MohBad. As previously reported by REVOLT, the Marlians president’s former artist died on ...

Nigeria’s currency plunged, heading for its worst four-day losing streak since the naira was devalued in January as domestic dollar liquidity evaporated. The naira dropped 5.3% against the dollar on ...

ABUJA, Nov 6 (Reuters) - Nigeria's naira firmed to 1,000 per dollar on the black market on Monday, online platform abokiFX showed, recovering from a record low of 1,300 naira, after the central bank ...

The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...

On Jan 4, the Africa Stablecoin Consortium announced that the Central Bank of Nigeria had greenlit their cNGN Naira stablecoin project under the CBN's regulatory sandbox. Following the ASC's recent ...

The official and parallel-market exchange rates for the naira have largely converged in recent days as capital inflows surged, leading Goldman Sachs Group Inc. to predict the Nigerian currency will ...

The Naira yesterday sustained its upward trend rising to its highest level in seven months in the parallel market, where it appreciated to N1,500 per dollar from N1,530 per dollar last weekend. The ...

Major global cryptocurrency exchange Binance is exiting the Nigerian market, announcing the full discontinuation of all services in the local fiat currency, the Nigerian naira (NGN). Binance ...

ABUJA, June 7 (Reuters) - Nigeria's central bank allowed the naira to drop about 2% on the official market to a record low on Wednesday, but the currency's rate remained above where it trades at ...

ABUJA, July 20 (Reuters) - Nigeria's naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official rate a month after the country ...