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Global Currency Markets React to U.S. Tariffs and Economic Policies 2025-03-27
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
Nigeria's Decision to End Currency Peg Triggers Historic Naira Plunge 2023-06-20
Central Bank Chief's Removal Sets Stage for Currency Liberalization
Nigeria Country Guide (NG)
Nigeria is a large country located in Western Africa. It is a culturally diverse country with many different ethnic and linguistic groups. The official language is English, but there are also many local languages spoken. The country is home to a l...
USD to NGN Exchange Rate Forecast & Outlook
USD/NGN is currently trading near 1370, just above its 3-month average, within a stable range. The pair's range-bound behaviour is supported by cautious risk sentiment and consistent NGN support from CBN FX interventions.
GBP to NGN Exchange Rate Forecast & Outlook
GBP/NGN is trading close to the 90-day average, supported by risk-off sentiment driven by UK political turmoil. The pair remains consolidating within its recent range, indicating holding near current levels.
EUR to NGN Exchange Rate Forecast & Outlook
Currently, EUR/NGN is trading close to its 14-day lows near 1593, holding near the 3-month average. The pair is consolidating within a narrow range, supported by risk-off sentiment and subdued market activity.