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NAIRA DEVALUATION

News and stories about Naira Devaluation

Since the presidential media chat there has been a considerable storm over the President Muhammadu Buhari’s no retreat...
In the on-going debate on whether or not to devalue the currency in the face of Nigeria's forex  shortage...
President Muhammadu Buhari said on Wednesday in an interview with France 24 that he does not think the...
In recent times, our economy is being managed as if we are the sole country in a new...
The Financial Times reports that the Nigerian Government has started chopping down trees in Abuja as part of...
The CBN has issued yet another circular informing Nigerians that all legitimate request for foreign currency for eligible transactions...
The CBN Governor was interviewed by the Financial Times on Friday on his foreign currency policies which has...
Reports reaching Nairametrics suggest black market operators are currently buying dollars from speculators at a price of N210....
Just two weeks ago it looked as if the Naira was heading to N250 as calls for another...
Commercial Banks in Nigeria have now stopped receiving cash deposits in dollars. This is another bold move by...
Ghanaian businessmen and other African countries are invading the Nigerian foreign exchange market. This information was disclosed by...
Presco Plc has commended the Central Bank of Nigeria (CBN's) policy to ban foreign exchange sales to certain...