Naira
4 LAS News stories tagged “Naira”, newest first. Every story links its sources.
Naira falls to N1,367.61 per dollar as currency extends decline
The Nigerian Naira weakened further against the US dollar on Monday, dropping to N1,367.61 at the official rate despite a recent increase in the country's external reserves.
LAS News Desk · 27 Oct 2026, 00:00 WAT · 1 source
Naira falls to N1,361.84 per dollar as external reserves total $55.16bn
The naira weakened by N27.12 to N1,361.84 per US dollar over two days, despite Nigeria’s central bank reporting $55.16bn in external reserves, according to data released on 25 October 2026.
LAS News Desk · 25 Oct 2026, 12:15 WAT · 1 source
Nigerian naira hovers around 1,330 per dollar as official rate steadies, parallel market remains higher
The official Nigerian foreign exchange rate stayed near ₦1,332 per US dollar on 20 October 2026, while the unofficial market continued to quote premiums above that level, reflecting ongoing pressure on the naira.
LAS News Desk · 20 Oct 2026, 06:46 WAT · 2 sources
Onafriq to shut down Baxi agent banking operations in Nigeria amid economic pressures
Onafriq announced the winding down of its Baxi‑branded agent banking business in Nigeria, citing naira depreciation, inflation and heightened competition, while confirming it will retain its cross‑border payments and card services in the market.
LAS News Desk · 16 Oct 2026, 20:45 WAT · 4 sources