The Naira Briefing

What moved the naira, and why.

Rates, policy and honest context - the blog behind the market terminal.

Barite and Industrial Minerals in Nigeria, Explained

12 October 2026

Nigeria's barite and industrial-minerals story: their uses, how prices are set in dollars and converted to naira, and what they mean for non-oil exports.

Gold Reserves and the Naira, Explained

12 October 2026

What a central bank's gold reserves are, how they sit alongside dollar reserves, and what gold holdings mean for the naira and Nigeria's financial strength.

What Is a Current Account Deficit, and What It Means for the Naira

12 October 2026

What a current account balance is, how Nigeria's imports, exports and remittances feed it, and why a surplus or deficit matters for the naira.

How FX Forward Contracts Work for Nigerian Businesses

12 October 2026

What an FX forward is, how it locks a future exchange rate, and how Nigerian importers and exporters use forwards to manage naira volatility.

What Moves the Dollar Globally, and Why It Matters for Nigeria

12 October 2026

Why the US dollar strengthens or weakens worldwide, how the Fed and global demand drive it, and what a strong dollar means for the naira and Nigeria.

The History of the Naira Exchange Rate, Explained

12 October 2026

How the naira exchange rate evolved from a pound peg to a managed float: the key regimes, the big devaluations, and what the journey means today.

How to Pay for Google and Apple Services in Nigeria

12 October 2026

How to pay for Google Workspace, iCloud, the App Store and Play Store in Nigeria in 2026 when your naira card is declined: dollar cards, billing and tips.

How Card Chargebacks Work in Nigeria

12 October 2026

What a chargeback is, how to dispute a wrong or failed card transaction in Nigeria, timelines, and how it differs for local and international payments.

How to Open a Domiciliary Account at Zenith Bank, Step by Step

12 October 2026

A step-by-step guide to opening a Zenith Bank domiciliary account in Nigeria: requirements, documents, funding, and using it for dollars, pounds or euros.

How to Open a Domiciliary Account at Access Bank, Step by Step

12 October 2026

A step-by-step guide to opening an Access Bank domiciliary account in Nigeria: requirements, documents, funding, and using it for dollars, pounds or euros.