Devaluation

CBN gives reasons for Naira devaluation

The Central Bank of Nigeria (CBN) has explained that COVID-19, shortage in foreign exchange supply and other factors were responsible…

5 years ago

Naira weakens 0.21% to $/N411.83 at I&E forex window

Nigeria’s illiquidity squeeze persists as naira depreciated by 0.21% to $/N411.83 at Investors’ & Exporters’ (I&E) foreign exchange window on…

5 years ago

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