It’s been a full month since the Central Bank of Nigeria (CBN) floated the naira. For that whole month, I monitored the local currency across all the markets, noticing every
Tag "Naira Float"
On June 18, 2023, the Central Bank of Nigeria (CBN) instructed commercial banks in the country to cancel the restriction on cash deposits into domiciliary accounts, allowing customers to “have
As of Monday night, the Central Bank of Nigeria (CBN) was quoting 589.45 naira per dollar on its website. At about the same time, the Investors and Exporters (I&E) window,
The Nigerian naira has closed at N663 to the dollar at the Investors and Exporters (I&E) window after what has been the currency’s most eventful week in years. The local
The Central Bank of Nigeria (CBN) has removed the old naira-to-dollar rate from its website, quoting new rates from the
The Nigerian naira traded as high as 790 to the dollar at the investors and exporters (I&E) window on Thursday
On Wednesday, the Nigerian currency traded for N755 to the dollar at the investors and exporters (I&E) window, following a
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