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NAIRA DEVALUATION

News and stories about Naira Devaluation

Following the Central Bank of Nigeria’s decision to place rice among 41 items not valid for foreign exchange....
The pressure on the Central Bank of Nigeria (CBN) to devalue the naira due to dwindling foreign exchange...
Nigeria spent a total of N1.18 trillion (about $7.4 billion) on the importation of toothpicks, fish, milk, textiles,...
Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even...
The Nigerian stock market has been on a free fall over the last few weeks with the index...
The Central Bank released a circular Thursday instructing Bureau De Change (BDC's) that from August 1 2015, all...
Nigerian stocks hit a three month low on Monday as stocks recorded its 9th consecutive day of losses....
Nigerian stocks hit a three month low on Monday as stocks recorded its 9th consecutive day of losses....
Wherever the rhetoric of the Naira devaluation started from, I have no idea. But it seems it has...
The Nigerian Stock Market has recorded a streak of 7 straight day of losses, the longest losing streak...
At an average of $300 million spent on 41 items on its restriction list from subsidised official foreign...
The Central Bank of Nigeria (CBN) may take another look at the list of the 41 products that...