FX Insights

Naira notes reprieve signals gradual depreciation The Naira appreciated against the dollar, trading at 731 from 735 at last week’s close, as the shortage of

Naira shortages persist even as court rules old notes legal Amid an ongoing shortage of new Naira notes, Nigeria’s Supreme Court ordered that all old

Naira gains against the dollar The Naira gained against the dollar, trading at 745 from 755 at last week’s close. Part of that strengthening is

Forget Nigeria’s election: it’s the Naira shortage that markets are watching As Nigerians prepare to go to the polls on Saturday to elect a new

Nigeria’s election run-off risk means depreciation stalled Nigeria’s political backdrop remains tense a week before the presidential election amid an ongoing scarcity of cash caused

Naira note chaos in the election run-up Two weeks before Nigeria’s election, a scarcity of cash and fuel is stoking chaos in the country. After

What Nigeria’s election month means for the Naira Nigerians head to the polls this month amid worsening economic turbulence. Moody’s downgraded the sovereign rating by

Senegal reaches for double-digit growth Senegal’s economy is poised for 8% growth this year and 10.5% in 2024, according to the World Bank, partly due