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BP Announces $3.5 Billion LNG Investment In Egypt

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira strengthened overall from USD/NGN 918 to USD/NGN 913 despite some initial depreciation at the start of

Kenyan shilling hits new low, Trader speculation fuels volatility of naira

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira exhibited extreme volatility over the week on the back of expected central bank direct intervention in

Strong Dollar Helps Force Depreciation Of The Cedi; External Factors Influencing Rand Value

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira clawed back some gains against the U.S. dollar, climbing from USD/NGN 930 recorded last week to

Bank of Ghana Blames Debt Exchange Program For Huge Losses

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira continued its depreciating streak falling from USD/NGN 885 to the USD/NGN 900 trading band for the

Uganda’s inflation lowest since April 2022; Moody’s sinks Cameroon’s credit rating

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira lost further ground against the U.S. dollar falling from USD/NGN 872 to USD/NGN 875. The National

Ghanaian cedi continues three-week rally against the dollar

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira exhibited some volatility in the past week, although there was a net appreciation from USD/NGN 875

Central Bank of Kenya reduces intervention to let shilling find its level, Cameroon raises funds to finance industrialization strategy

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira weakened against the U.S. dollar from USD/NGN 817 recorded last week to USD/NGN 846 by the

Inflation In West Africa Continues Steady Decline, Egypt’s Urban Inflation At All-Time High

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira continued its decline against the US dollar, falling from USD/NGN 794 recorded last week to USD/NGN

Central bank sanctions boost value of Ghanaian cedi, South African investors keep watch on U.S. Fed actions

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira crossed into the 770 territory this week to close at USD/NGN 775 from USD/NGN 767 recorded

Nigerian president pushes for a unified exchange rate, Rand steady as investors watch for effects from interrupted Russian coup

Nigerian Naira (₦) Compiled by Ikenga Kalu The Naira has traded around levels of USD/NGN 770 this week after closing last week around the USD/NGN

Ghanaian Economy Shows Signs Of Recovery And South Africa Inflation Figures Improve

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira depreciated marginally from USD/NGN 767 to USD/NGN 769 over the course of the week as demand

Inflation Crests 40% In Egypt, South African Rand Rallies

Nigerian Naira (₦) Compiled by Ikenga Kalu The naira depreciated marginally from USD/NGN 766 to USD/NGN 767 over the previous week as the market awaited

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