On Tuesday The Central Bank of Nigeria (CBN) decided to keep interest rates steady at 14 percent, despite calls by Kemi Adeosun, finance minister, for the opposite to be done. For
Tag "naira"
The naira on Monday appreciated against the dollar at the interbank market, owing to the Central Bank of Nigeria (CBN) policy meeting and its expectations. According to NAN, the local
The naira on Friday depreciated in most major segments of the foreign exchange market. The Nigerian currency fell by N2.24 to exchange at N308.69 to the dollar at the interbank
The Nigerian naira remained stable at 423 to the dollar at the parallel market throughout the two-day Sallah break across the nation. Just last Christmas — eight months ago — the naira
The naira opened strong on Monday, recovering from last week’s record low of N425 per dollar at the parallel market.
Moody’s, one of the big-three credit rating agencies in the world, says the Central Bank of Nigeria (CBN) devaluation of
A sense of anxiety has gripped the Nigerian economy with concerns elevated over slowing growth as the combination of depressed
The Nigerian naira fell to 423 against the dollar at the parallel market on Wednesday, after the National Bureau of
Naira opened weak on Monday as Nigeria awaits the official gross domestic product (GDP) report from the National Bureau of
The naira has attained a fresh all-time low of 412/$1 on Friday, as dollar scarcity bites harder at the parallel
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