The naira was trading at 387.35 to the dollar yesterday at the currency spot market mainly used by foreign investors...
Read moreDetailsMore currency flexibility would help to protect dwindling external reserves and avert economic distortions, leaving them to only intervene when...
Read moreDetailsNaira depreciated against both the US dollars and the British pounds at the parallel market
Read moreDetailsNigeria’s currency is seen falling on the black market in the coming week, after touching its lowest levels against the...
Read moreDetailsNaira continues on its downward slide against major currencies of the world as it dipped further against the US dollar...
Read moreDetailsBrace up; The effect of the oil price war between Saudi Arabia and Russia as well as Covid-19 virus is...
Read moreDetailsNigeria's one-year currency forward posted its biggest drop in more than a decade yesterday as the ASI Index fell to...
Read moreDetailsThe Central Bank of Nigeria and the bankers' committee have agreed to back a N3.5 trillion stimulus package for the...
Read moreDetailsGovernor, Godwin Emefiele clarifies the supposed devaluation of Naira. Says it is an adjustment of price and not a devaluation...
Read moreDetailsThe central bank of Nigeria has devalued its official exchange rate from N307/$1 to N360/$1.
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