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NAIRA DEVALUATION

News and stories about Naira Devaluation

The naira, on Monday, traded within a range at which it has been stuck for almost a month...
Nigeria's foreign exchange reserves fell 9.04 percent to $30,873,757,494 ($30.87 billion) by March 4, from $33.94 billion a...
Guaranty Trust Bank Plc. (12 months ended December 2014) Guaranty Trust Bank (GTB) reported results for the 12...
Reports suggest First Bank has been sending messages to its depositors and debit card holders that it has...
Nigeria's naira closed at 202.10 on the interbank market, weaker than Tuesday's close of 201.10 naira to the...
Last week, the Central Bank of Nigeria, introduced restrictions within the Nigerian Foreign Exchange (FX) Market; in reaction...
The Central Bank of Nigeria issued a stunning circular on Wednesday indicating that it had closed down the...
The Nigeria's central bank has scrapped rDAS market which it conducted bi-weekly following a circular issued. But the...
The Central Bank has spent $380 million in two days defending the naira, after it conducting special forex...
Nigeria banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said,...
The Central Bank of Nigeria has confirmed it will be selling $30,000 each to BDC operators numbering over...
Godwin Emefiele has been under the spotlight for weeks now as Nigeria deals with a major depreciation of...