naira.
currency of the Federal Republic of Nigeria
- Reports this week
- 3
- Active events
- 8
- Connections
- 233
What's happening
Active this week
-
Obi-Kwankwaso Movement called for an investigation, while a Senator distributed millions of naira to constituents.Some support1 report
-
DMly has launched in Nigeria, providing businesses a platform to convert Instagram and WhatsApp conversations into sales using naira payments.Some support1 report
-
State governments are committing billions of naira to support the aviation sector.Some support1 report
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The state government in Ebonyi State spent billions of naira.Some support1 report
-
Macroeconomic issues in Nigeria are being discussed, including how Tinubu's policies affected debt revaluation, while Obasanjo reduced the national debt burden and Naira depreciation impacted external debt.Well supported23 reports7 developments inside
-
Naira depreciation and inflation in Nigeria are driving up consumer prices and reducing consumer spending.Some support2 reports1 development inside
-
Naira value and inflation are influencing the outcomes of wage negotiations.Some support1 report
-
ADC senatorial candidate Olofu campaigned in Benue State, citing millions of naira in local interventions and committing funds to a hospital.Some support1 report
Earlier this month
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The House of Representatives demanded President Tinubu explain funding failures following the spending of trillions of naira on roads and projects.Well supported12 reports2 developments inside
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Abandoned projects in Nigeria are wasting billions of naira, highlighting issues with government spending.Some support2 reports
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Economic hardship is causing currency devaluation in Nigeria, impacting the naira, amidst administration policy concerns.Well supported11 reports4 developments inside
-
Peter Obi plans to strengthen the naira to N500 per dollar.Some support3 reports
-
The Nigerian government implemented Naira flotation as a major economic reform.Well supported4 reports
-
Fire incidents in Lagos caused billions in naira losses, prompting officials to address the challenges.Some support1 report
-
Inflation in Nigeria is being driven by monetary policies, political corruption, and global conflicts like the Russia-Ukraine war and tensions involving the U.S., Israel, and Iran.Well supported78 reports3 developments inside
-
Sokoto reflects on the national cost of living, driven by global energy shock and currency devaluation.Some support1 report
-
Kogi State receives substantial resource allocations, but the governor's policies and state sticker charges may undermine re-election prospects.Some support1 report
-
Nigeria faces foreign exchange issues, is reclassified into the FTSE Frontier Index, and the SEC confirms new foreign portfolio investment rules.Some support8 reports4 developments inside
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FTSE Russell assessed Nigerian market maturity and operational standards, noting that economic reforms are driving currency gains.Well supported3 reports1 development inside
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Subsidy reversal is pressuring the naira to depreciate in Nigeria.Some support2 reports
-
Real estate investment in Nigeria uses naira.Some support1 report1 development inside
-
Land transactions in Nigeria are currently valued using the Naira currency.Some support1 report
-
The International Monetary Fund warned on the valuation of the naira as the Central Bank of Nigeria managed external reserves to defend the currency.Some support4 reports
-
Nigeria's administration reports rising foreign reserves amid global crude price spikes driven by the US/Israel war.Some support1 report
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President Tinubu initiated major economic reforms in Nigeria, including overhauling the tax agency FIRS and approving naira payment plans for crude oil.Well supported14 reports4 developments inside
-
Naira devalued against the US Dollar, while Denge Josef Onoh spoke to communities in the Middle Belt.Some support1 report
-
Naira depreciation in Nigeria is increasing the cost of imports.Well supported3 reports2 developments inside
-
The Central Bank of Nigeria's policy rate is stated to influence the exchange rate of the Nigerian naira.Some support1 report
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The policy failure of fuel subsidy removal and nominal increase due to exchange rate shifts in Nigeria.Some support2 reports
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Nigeria seeks $5bn total return swap financing, pledging naira-denominated bonds as collateral amid Fitch warnings.Some support6 reports
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A Congress meeting was held in Jos, Plateau State, where the state government was demanded to pay compensation in naira.Some support1 report
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The Central Bank of Nigeria implemented a bank recapitalization program, resulting in capital adequacy ratios exceeding Basel benchmarks.Some support1 report
One to three months ago
-
Nigeria holds a press briefing detailing that crude and inputs are now priced in dollars, with subsidy returns costing N16 trillion annually.Some support1 report
-
World Bank analyzed the resilience of the Nigerian naira during the second quarter of 2026.Some support1 report
-
Naira weakness in Nigeria is causing negative impacts on operational costs and claims.Well supported11 reports5 developments inside
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The Economic and Financial Crimes Commission (EFCC) is prosecuting Godwin Emefiele on eight counts related to his time as Governor of the Central Bank of Nigeria (CBN).Well supported22 reports1 development inside
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Companies operating in Nigeria face currency risk as the naira's long-term trajectory reflects US inflation differentials.Some support2 reports2 developments inside
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The article states that Naira is the currency of Nigeria and that economic reforms were implemented in 1995 to boost government revenues and investments.Well supported4 reports7 developments inside
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Nigeria exemplifies Africa's manufacturing challenges, with high imports and economic issues pressuring the local currency.Well supported5 reports5 developments inside
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Stablecoin use is gaining global traction with support from Trump, posing challenges to the monetary policy of the naira in Nigeria.Some support2 reports1 development inside
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IMF conducted Article IV consultation with Nigeria and called for fiscal and monetary reforms.Well supported5 reports1 development inside
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Property worth billions of naira lost in floods in Ebonyi State, prompting NEMA intervention.Some support1 report
-
The Dangote Refinery IPO is a major industrial asset in Nigeria and is priced and denominated in naira.Well supported5 reports
-
The values of Toyota and Mercedes-Benz vehicles were reported in naira currency.Some support1 report
-
Alex Otti discussed the past management of state funds in Anambra State, noting they were handled in naira and dollars.Some support2 reports
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Naira depreciation reduces FAAC's dollar value, while Atiku Abubakar criticizes the FAAC boom as a scam.Some support5 reports1 development inside
-
Ifeanyi Odii donated N5 million to assist flood victims.Some support1 report
-
The government has commenced payments of N18bn, following President Tinubu's direction to resolve the financial obligation.Some support15 reports1 development inside
-
Money has been linked to the activities of a bandit kingpin identified as Muhammadu.Some support1 report
-
The Federal Inland Revenue Service collects public revenue for the Nigerian state.Some support1 report
-
Fictional work established the archetype of the ruthless agent, while systemic weaknesses allow abuse of judgment.Some support1 report
-
Nigerian federal government announces trade sector expansion and targets, with trade values denominated in Naira.Well supported4 reports1 development inside
-
CBN efforts and foreign exchange directives led to anticipated naira strength and stabilization in the market.Well supported13 reports1 development inside
-
Nigerian stock market capitalization reached $120 billion on September 17, 2026.Some support1 report
-
The African Democratic Congress discussed the government's spending of the naira on September 15, 2026.Some support1 report
-
Investment offers protection against naira depreciation.Some support1 report
-
Kidnapping crisis in Kebbi State is fueling a parallel economy where ransom payments are made in naira.Some support1 report
-
The NDC is setting contribution limits in naira and planning crowdfunding to fund its 2027 election campaign.Some support1 report
-
Nigeria issued bonds to fund national debt requirements while struggling to reconcile liquidity surplus with currency pressure.Well supported14 reports3 developments inside
-
State requires levies to be paid using the naira currency.Some support2 reports
No events began in the chosen period. Widen it, or reset.
What's reaching naira
Events traced to naira, step by step, newest first- New CBN rules may stabilize naira's digital currency useThe naira's digital stability could be strengthened by new CBN regulationsPossible
- Creative Nexus gathering may boost naira stabilityIncreased trade potential may support the stability of the nairaPossible
- Power shortages may weaken naira amid gas supply issuesPower disruptions may put downward pressure on the naira's stabilityPossible
- Frontier status and rate cut may boost naira stabilityThe naira may see improved stability and international attractiveness.Possible
- Social protection funds may boost naira demand in NigeriaThe naira may see increased demand and support from the $1 billion social protection fundsPossible
- CNG conversion may influence naira stability through fiscal spending and fuel cost shiftsCNG conversion may influence naira stability through fiscal spending and fuel cost shifts.Possible
See all 81 explainers
- Increased state spending may put pressure on the nairaIncreased state spending could put pressure on the naira's stabilityPossible
- CBN pension breach probe may affect naira confidenceCBN pension breach probe may affect naira confidencePossible
- Compensation liability from miners' deaths may affect nairaGovernment liability from miners' deaths may put pressure on the nairaPossible
- Mining revenue rise may support naira's market valueIncreased mining revenue may provide support for the naira's market valuePossible
- Tax remittances could support naira stabilityIncreased tax remittances may support the stability of the nairaPossible
- Cash relief program may increase naira circulationCash relief program may increase naira circulation and money supplyPossible
- New external loans may put pressure on the nairaNew external loans could put downward pressure on the naira's value.Possible
- Cash relief program may increase naira liquidityCash relief program may increase naira liquidity and money supplyPossible
- Government's N5.15tn fund injection may affect naira stabilityIncreased government spending could put pressure on the naira's value.Possible
- Mixed economic signals from Nigeria could affect naira confidenceMixed signals from Finance Minister could affect naira confidencePossible
- Transport allowance may increase pressure on naira amid economic strainThe transport allowance may increase pressure on the naira's valuePossible
- Obi's economic views could influence market confidence in nairaMarket confidence in the naira may be affected by political debates over Nigeria's fiscal health.Possible
- External borrowing plan could affect naira's stabilityWorld Bank financing and debt debate may influence naira's outlookPossible
- Tinubu's reforms may continue to weaken the nairaTinubu's reforms may continue to weaken the naira amid economic hardshipLikely
- Political criticism may pressure the naira amid governance concernsPolitical criticism of governance may put pressure on the naira's market valuePossible
- Road reconstruction promise may increase budgetary demands on nairaRoad reconstruction promise may increase budgetary demands on the nairaPossible
- Procurement reforms may strengthen naira by boosting fiscal disciplineProcurement reforms could strengthen the naira by improving fiscal discipline and reducing wasteLikely
- Economic reforms may stabilize naira amid cost-of-living planThe 90-day economic plan could help stabilize the naira by reducing inflation and costs.Possible
- Delta State spending could boost naira circulationState spending and health service expansion may boost naira circulation in Delta StatePossible
- Labor ultimatum may increase economic uncertainty for nairaIncreased economic uncertainty could put pressure on the naira's valuePossible
- Standard Chartered's push for investment may stabilize nairaIncreased international investment could help stabilize the naira's valuePossible
- Digital financial push may influence naira's stability in NigeriaDigital financial push may influence naira's stability in NigeriaPossible
- Budget delays and political uncertainty may pressure the nairaBudget delays and political uncertainty may pressure the nairaPossible
- Minister's defense of FX unification may stabilize naira confidenceMinister's defense of FX unification may stabilize naira confidencePossible
- DBN's focus on MSMEs could boost naira stabilityIncreased credit flow to MSMEs may support the naira's stability.Possible
- Dangote IPO and regional listings could stabilize the nairaCapital inflow from Dangote IPO may boost naira stability and investor confidence.Possible
- Healthcare reforms may alter naira dynamics through increased government spendingHealthcare reforms may alter naira dynamics through increased government spendingPossible
- Corruption allegations may pressure the naira's market valueCorruption allegations may pressure the naira's market valuePossible
- Market fire in Ibadan could affect naira valueLocalized supply shock from market fire may put pressure on naira value.Possible
- Economic reforms may pressure the naira amid rising costsTinubu's economic reforms may put pressure on the naira due to rising costs and inflation.Likely
- Tinubu's rejection of subsidy return avoids naira devaluationTinubu's rejection of subsidy return aims to stabilize nairaLikely
- Advocacy against subsidy helps stabilize naira, finance minister warnsAdvocacy against fuel subsidy helps prevent naira weakening, according to finance ministerLikely
- Strong capital inflows may support the naira's stabilityThe naira could benefit from improved capital importation and economic stability.Possible
- CNG rollout may help stabilize the naira through cost reductionCNG rollout may help stabilize the naira through cost reductionPossible
- Petrol relief package may put pressure on the naira's valueThe naira may face renewed pressure due to the fiscal strain of the petrol relief package.Possible
- Pollution incident at new expressway interchange may require state funding, impacting naira allocationsPollution incident at new expressway interchange may require state funding, impacting naira allocationsPossible
- Reforms and investment could stabilize the nairaIncreased private capital and stability could boost naira confidencePossible
- Increased confidence in CBN policy may support the stability of the nairaIncreased confidence in CBN policy may support the stability of the naira.Possible
- Dangote's industrial projects may stabilize Naira by cutting importsDangote's industrial expansion could help conserve foreign exchange and stabilize the Naira.Likely
- Foreign capital in Nigerian equities may support naira's valueForeign investment in Nigerian stocks may support the naira's valuePossible
- Gender roadmap could support naira's long-term stabilityGender equality roadmap may support long-term stability of nairaPossible
- Improved power supply may support naira stability in NigeriaThe naira may benefit from improved industrial capacity and power reliabilityPossible
- Campus CNG deployment may ease inflationary pressure on nairaCampus CNG deployment may ease inflationary pressure on nairaPossible
- Highway project controversy may pressure the naira's valueFiscal uncertainty from the highway project could put pressure on the naira.Possible
- Oil security framework may boost naira by securing national revenueIncreased stability of core hydrocarbon assets could support naira valuePossible
- Nigeria's naira may stabilize as reforms tackle structural distortionsThe naira's stability may improve long-term as Nigeria implements structural economic reformsPossible
- Fiscal concerns and capital flight may pressure the nairaFiscal recklessness and capital outflows may put pressure on the naira's stabilityLikely
- Political and economic criticism may weaken the naira's valuePolitical and economic criticism may weaken the naira's value.Possible
- Oil theft may pressure the naira by cutting export revenueOil theft could pressure the naira by reducing foreign currency earnings.Likely
- FX threats identified could pressure the naira's stabilityFX threats identified by BCG/LBS could pressure the naira's stability.Possible
- Political challenges may sustain downward pressure on the nairaPolitical challenges to the Tinubu administration may sustain downward pressure on the naira.Likely
- New titanium plant could boost naira stability through foreign investmentForeign investment and mineral exports may boost the naira's stability.Possible
- Reforms to attract investment may boost the naira's stabilityIncreased foreign investment and economic stability could strengthen the naira's value.Possible
- Tech probe into global giants may affect naira stabilityTech probe into global giants may affect naira stabilityPossible
- Subsidy debate may put pressure on naira and foreign reservesSubsidy debate could weaken the naira and increase borrowing costsLikely
- Budget opacity and corruption may pressure the nairaSystemic financial opacity and budget gaps may weaken the naira's stability.Possible
- Nigeria's reforms may boost naira stability and investor confidenceNigeria's reforms may boost naira stability and investor confidenceLikely
- Pension reforms and N758 billion bond injection may stabilize nairaPension reforms and N758 billion bond injection could stabilize the nairaPossible
- Fuel subsidy return proposal may pressure naira stabilityFuel subsidy return proposal could increase pressure on the nairaPossible
- Capital market reforms may help stabilize the nairaReforms could boost investment and stabilize the naira's valuePossible
- Subsidy restoration could increase fiscal pressure on the nairaSubsidy restoration could increase fiscal pressure on the nairaPossible
- Infrastructure fund expansion may influence naira stabilityFund expansion may influence naira stability through infrastructure investment and bond yieldsPossible
- New MAN president may support naira through industrial growthNew MAN leadership may boost industrial confidence, supporting the nairaPossible
- Accelerated regional projects may increase pressure on the nairaAccelerated regional projects may increase pressure on the nairaPossible
- Fuel discount may ease inflation, supporting the nairaThe temporary fuel discount may help stabilize the naira by easing inflationary pressures.Possible
- Court order requiring CBN payment may pressure naira stabilityCourt order requiring CBN payment may put pressure on naira stabilityPossible
- Lowering fuel costs may ease cost of living burden on nairaCheaper fuel could ease cost of living, potentially supporting the nairaPossible
- Solar import ban shelved, potentially shifting naira stabilityShelving solar import ban may introduce mixed pressures on the nairaPossible
- Rising cost of living puts pressure on naira's purchasing powerThe naira's purchasing power may face long-term pressure due to rising cost of livingPossible
- Mineral funding appeal could boost naira stabilitySuccessful mineral funding could stabilize the naira through increased sector incomePossible
- Curbing vehicle imports could ease pressure on naira reservesPolicy to curb vehicle imports may support the naira by easing pressure on foreign reservesPossible
- Warnings over Nigeria's decline may pressure the naira's stabilityWarnings over Nigeria's decline may pressure the naira's stabilityPossible
- How are the naira and the Nigerian economy affected by the administration's structural reforms?Naira faces mixed signals amid administration's economic reformsReported
- Cost of Living Crisis Puts Pressure on Naira ValueRising inflation and essential cost hikes pressure the Naira's purchasing powerReported
- How does CBN managing monetary policy in Nigeria affect naira?The naira is currently benefiting from a tight monetary policy stance, which has led to stabilization and recent rate cuts.Includes Brind's reasoning
Explainers that pass through naira
naira is a step on the way to someone else- Cash relief program may increase liquidity pressures on CBNCash relief program may increase liquidity pressures on Central Bank of NigeriaPossible
- Subsidy removal policy could keep naira weakening risk high for CBNSubsidy removal policy could keep naira weakening risk high for CBNPossible
- How could the federal government's fiscal management affect the Central Bank of Nigeria?Government fiscal decisions could put pressure on the naira and foreign reservesLikely
- US policy may fuel inflation by pressuring Nigerian currencyUS central bank policy may drive inflationary pressures in NigeriaPossible
- Naira weakness drives cost-push inflation in NigeriaNaira devaluation compounds cost-push inflation in NigeriaReported
- Nigeria's import reliance increases demand for US dollarIncreased import reliance and fuel pricing push demand for US dollarReported
See all 9 explainers
- How will the economic pressures on the naira affect the Central Bank of Nigeria?Currency pressure and import reliance challenge CBN's mandate to stabilize the nairaReported
- CBN Rate Cut Eases Debt Service Burden for Federal GovernmentCBN rate cut eases borrowing costs for federal government operations.Reported
- How does Central Bank of Nigeria managing monetary policy affect federal government of Nigeria?The Federal Government of Nigeria faces significant debt servicing costs due to the CBN's tight monetary policy and currency pressures.Reported
Around naira this week
News at the entities that move naira most-
Central Bank of Nigeria StructuralThe CBN introduces new regulations for virtual assets, setting minimum capital requirements and regulating stablecoins.Moves naira
-
federal government StructuralBuratai calls for the federal government to declare a state of emergency to address poverty.Moves naira
-
Nigeria StructuralNESG monitored business performance across Nigeria on November 6, 2026.Moves naira
-
central bank StructuralThe Argentine government moved the official reference rate for the peso currency.Moves naira
-
Economic and Financial Crimes Commission StructuralThe Economic and Financial Crimes Commission is investigating allegations surrounding personal financial transactions involving Moses Adebisi.Moves naira
-
federal government of Nigeria StructuralCreative Africa Nexus gathering takes place in Lagos, involving the federal government of Nigeria.Moves naira
Connections
The 40 strongest of 233, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
federal government Structural
The federal government uses the naira as its official unit of account and actively regulates its value and stability through fiscal and monetary policy.
-
Nigeria Structural
The Naira is the official currency of Nigeria, and its value and stability are intrinsically linked to national economic policies and government control.
-
Central Bank of Nigeria Structural
The Central Bank of Nigeria is the formal regulatory and issuing authority responsible for managing the stability and value of the naira.
-
Federation of Nigeria Structural
The Federation of Nigeria introduced the Naira as its official currency to strengthen national sovereignty.
-
Bola Ahmed Tinubu Operational
Tinubu's administration actively uses economic policies, such as currency floating and subsidy removal, which directly influence the value and stability of the naira.
-
CBN Structural
The CBN is the central authority responsible for issuing, managing, and influencing the value and circulation of the Naira.
-
Dangote Group Operational
Dangote Group utilizes the Naira for pricing and valuation, and its market activities are reported to influence the currency's stability and strength.
-
central bank Structural
The central bank utilizes policy and regulatory actions to manage and stabilize the value and confidence of the naira.
Show all 40 connections
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Economic and Financial Crimes Commission Structural
The EFCC uses the Naira as the official unit of account for tracking and recovering illicit funds.
-
Debt Management Office Structural
The Debt Management Office utilizes the naira as the official unit of account for debt instruments and payments.
-
Abubakar Usman Transactional
Abubakar Usman used the naira as the medium to extort millions of value.
-
Aliko Dangote Structural
Dangote's company uses Naira for pricing IPO shares and paying dividends, establishing a structural dependency on the currency.
-
Ademola Adeleke Transactional
The evidence suggests a specific, large alleged financial transaction where Ademola Adeleke allegedly received N650 billion denominated in the Naira.
-
Peter Obi Operational
Peter Obi actively uses the Naira for personal finance and advocates for its strengthening and policy changes.
-
Muhammadu Buhari Structural
Muhammadu Buhari's policies and actions during his tenure directly influenced the stability and value of the Naira.
-
All Progressives Congress Operational
The Naira serves as the primary medium of exchange and resource for the political funding and operational activities of the APC.
-
FAAC Structural
FAAC's dollar value is structurally dependent on the naira, as its figures are denominated in the currency.
-
Atiku Abubakar Operational
Atiku Abubakar's political policies and advocacy are consistently cited as influencing the stability and value of the Nigerian naira.
-
Adamawa Transactional
The loss of goods valued in Naira was caused by fires occurring in the Adamawa region.
-
Access Bank Structural
Access Bank measures its customer deposits using the naira as the unit of account.
-
Airtel Africa Operational
The strength of the Naira directly influences the valuation of Nigerian earnings for Airtel Africa.
-
Lagos Shared context
Naira functions as the required unit of account and medium of exchange for economic activities within Lagos.
-
US Dollar (Next day) Transactional
The Naira is devaluing against the US Dollar, currently priced at N1,405 per dollar.
-
Indiana Historical Society Operational
Naira fluctuations directly affect the financial performance and revenue of the Indiana Historical Society.
-
Oando Structural
Oando's cost of sales is directly tied to the naira exchange rate.
-
MTN Nigeria Structural
MTN Nigeria's revenue is denominated in Naira, and the Naira's stability influences its cost pressures.
-
Olusegun Obasanjo Operational
Obasanjo's administration actively uses policy and commentary to defend and influence the stability and value of the naira.
-
Shell Nigeria Operational
Shell Nigeria offers payment domiciliation services that are denominated and executed using the Naira currency.
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Nigeria Labour Congress Operational
The Nigeria Labour Congress cites naira depreciation as a causal factor for its wage and price demands.
-
federal government of Nigeria Structural
The federal government of Nigeria is the issuer and primary regulator of the naira, whose value and stability are directly dependent on government policy.
-
inflation Operational
The stability of the naira is shown to influence and help contain price pressures (inflation).
-
Transmission Company of Nigeria Structural
The financial losses of the Transmission Company of Nigeria are quantified using the naira currency as the unit of account.
-
Osun State Operational
The Naira functions as the required medium of exchange for the financial operations of Osun State, including payroll and budgetary allocations.
-
Anambra State Structural
Anambra State's financial operations, including debt servicing and state allocations, are formally denominated and conducted using the naira currency.
-
Nigerian Army Structural
The Nigerian Army relies on the Naira as the medium of exchange for salaries and covering annual expenditures.
-
Cross River State Structural
Cross River State relies on the Naira as the functional unit for state financial operations, including grants and damage claims.
-
International Monetary Fund Operational
The IMF assesses the naira's undervaluation and urges policy reforms to strengthen its confidence.
-
African Democratic Congress Operational
ADC uses the state of the naira, including depreciation and spending, as a basis for political critique and discussion.
-
Air Peace Transactional
Air Peace operates in a market denominated by the naira, evidenced by financial losses and outstanding charges owed to NCAA.
-
Benin Structural
Naira depreciation is cited as a cause of economic disruptions in Benin.
History
Events by the month they beganNovember 2026
7 events- Obi-Kwankwaso Movement called for an investigation, while a Senator distributed millions of naira to constituents.
- DMly has launched in Nigeria, providing businesses a platform to convert Instagram and WhatsApp conversations into sales using naira payments.
- State governments are committing billions of naira to support the aviation sector.
- The state government in Ebonyi State spent billions of naira.
- Naira value and inflation are influencing the outcomes of wage negotiations.
- ADC senatorial candidate Olofu campaigned in Benue State, citing millions of naira in local interventions and committing funds to a hospital.
- Abandoned projects in Nigeria are wasting billions of naira, highlighting issues with government spending.
October 2026
15 events- Naira depreciation and inflation in Nigeria are driving up consumer prices and reducing consumer spending.
- Peter Obi plans to strengthen the naira to N500 per dollar.
- The Nigerian government implemented Naira flotation as a major economic reform.
- Fire incidents in Lagos caused billions in naira losses, prompting officials to address the challenges.
- Sokoto reflects on the national cost of living, driven by global energy shock and currency devaluation.
- Kogi State receives substantial resource allocations, but the governor's policies and state sticker charges may undermine re-election prospects.
- Subsidy reversal is pressuring the naira to depreciate in Nigeria.
- Land transactions in Nigeria are currently valued using the Naira currency.
- Nigeria's administration reports rising foreign reserves amid global crude price spikes driven by the US/Israel war.
- Naira devalued against the US Dollar, while Denge Josef Onoh spoke to communities in the Middle Belt.
- The Central Bank of Nigeria's policy rate is stated to influence the exchange rate of the Nigerian naira.
- A Congress meeting was held in Jos, Plateau State, where the state government was demanded to pay compensation in naira.
- The Central Bank of Nigeria implemented a bank recapitalization program, resulting in capital adequacy ratios exceeding Basel benchmarks.
- Nigeria holds a press briefing detailing that crude and inputs are now priced in dollars, with subsidy returns costing N16 trillion annually.
- World Bank analyzed the resilience of the Nigerian naira during the second quarter of 2026.
September 2026
20 events- FTSE Russell assessed Nigerian market maturity and operational standards, noting that economic reforms are driving currency gains.
- Real estate investment in Nigeria uses naira.
- President Tinubu initiated major economic reforms in Nigeria, including overhauling the tax agency FIRS and approving naira payment plans for crude oil.
- The policy failure of fuel subsidy removal and nominal increase due to exchange rate shifts in Nigeria.
- Property worth billions of naira lost in floods in Ebonyi State, prompting NEMA intervention.
- The Dangote Refinery IPO is a major industrial asset in Nigeria and is priced and denominated in naira.
- The values of Toyota and Mercedes-Benz vehicles were reported in naira currency.
- Alex Otti discussed the past management of state funds in Anambra State, noting they were handled in naira and dollars.
- Naira depreciation reduces FAAC's dollar value, while Atiku Abubakar criticizes the FAAC boom as a scam.
- Ifeanyi Odii donated N5 million to assist flood victims.
- The government has commenced payments of N18bn, following President Tinubu's direction to resolve the financial obligation.
- Money has been linked to the activities of a bandit kingpin identified as Muhammadu.
- The Federal Inland Revenue Service collects public revenue for the Nigerian state.
- Fictional work established the archetype of the ruthless agent, while systemic weaknesses allow abuse of judgment.
- Nigerian stock market capitalization reached $120 billion on September 17, 2026.
- The African Democratic Congress discussed the government's spending of the naira on September 15, 2026.
- Investment offers protection against naira depreciation.
- Kidnapping crisis in Kebbi State is fueling a parallel economy where ransom payments are made in naira.
- The NDC is setting contribution limits in naira and planning crowdfunding to fund its 2027 election campaign.
- State requires levies to be paid using the naira currency.
Show 3 earlier months
August 2026
2 eventsJuly 2026
3 events- The House of Representatives demanded President Tinubu explain funding failures following the spending of trillions of naira on roads and projects.
- Nigeria exemplifies Africa's manufacturing challenges, with high imports and economic issues pressuring the local currency.
- Nigerian federal government announces trade sector expansion and targets, with trade values denominated in Naira.
June 2026
13 events- Macroeconomic issues in Nigeria are being discussed, including how Tinubu's policies affected debt revaluation, while Obasanjo reduced the national debt burden and Naira depreciation impacted external debt.
- Economic hardship is causing currency devaluation in Nigeria, impacting the naira, amidst administration policy concerns.
- Inflation in Nigeria is being driven by monetary policies, political corruption, and global conflicts like the Russia-Ukraine war and tensions involving the U.S., Israel, and Iran.
- The International Monetary Fund warned on the valuation of the naira as the Central Bank of Nigeria managed external reserves to defend the currency.
- Naira depreciation in Nigeria is increasing the cost of imports.
- Nigeria seeks $5bn total return swap financing, pledging naira-denominated bonds as collateral amid Fitch warnings.
- Naira weakness in Nigeria is causing negative impacts on operational costs and claims.
- The Economic and Financial Crimes Commission (EFCC) is prosecuting Godwin Emefiele on eight counts related to his time as Governor of the Central Bank of Nigeria (CBN).
- The article states that Naira is the currency of Nigeria and that economic reforms were implemented in 1995 to boost government revenues and investments.
- Stablecoin use is gaining global traction with support from Trump, posing challenges to the monetary policy of the naira in Nigeria.
- IMF conducted Article IV consultation with Nigeria and called for fiscal and monetary reforms.
- CBN efforts and foreign exchange directives led to anticipated naira strength and stabilization in the market.
- Nigeria issued bonds to fund national debt requirements while struggling to reconcile liquidity surplus with currency pressure.