CurrenciesAnalysis
Currency monitor: what is holding the Nigerian naira among Africa's firmer currencies in 2026
CBAN Editorial Team · 29 Jul 2026 · 5 min read
West Africa
Nigeria
Central Bank of Nigeria (CBN) · Governor Olayemi Cardoso (since 2023) · Nigerian naira (NGN)
- Policy rate
- 26.50%
- Inflation (y/y)
- 15.9%
- GDP growth
- 3.1%
- Nominal GDP
- $472bn
- NGN per USD
- 1,495
- FX YTD vs USD
- +2.1%
- FX reserves
- $38.4bn
- Next MPC
- 21 September 2026
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