The Central Bank of Nigeria (CBN) has revealed that it spent N58.6 billion to print 2.52 billion Naira notes valued at N1.1 trillion in 2020 indicating...
Federal Government has donated relief materials worth millions of naira to the Ekiti State Government for distribution to the victims of natural and man-made disasters in...
The Central Bank of Nigeria (CBN) has explained that COVID-19, shortage in foreign exchange supply and other factors were responsible for the sharp devaluation of the...
The Central Bank of Nigeria (CBN) dismissed speculations that it planned to convert the foreign exchange in domiciliary accounts of customers into naira, as it assured...
Nigeria’s illiquidity squeeze persists as naira depreciated by 0.21% to $/N411.83 at Investors’ & Exporters’ (I&E) foreign exchange window on Thursday. The dollar opening trading at...
Naira depreciated by 0.08 per cent against the dollar to close at N411.56 at the Investors & Exporters Foreign Exchange (I & E FX) window on...
Naira gained marginally against the Dollar at the parallel market on Thursday as the country continues to grapple with the foreign exchange liquidity squeeze. A Dollar...
FELIX OLOYEDE The Naira depreciated by 0.12% to trade N411.00 to a Dollar at Investors’ and Exporters’ (I&E) foreign exchange window on Wednesday as liquidity squeeze...
Nigeria is keeping control of its naira currency despite demands for deeper reforms from the International Monetary Fund and World Bank and complaints from businesses. Nigerian...
Despite a marginal rise in the price of oil, which caused Nigerian external reserves to increase slightly, the Naira was stable across the various markets in...
