The Nigerian naira depreciated sharply in the official foreign exchange market, trading at N1,569 per dollar from N1,534, the ...

A US top investment banker, JP Morgan, has predicted that the Nigerian currency will exchange for N1,450 per dollar due to ...

SAMI TUNJI explores the Central Bank of Nigeria’s recent monetary policy as it relates to stabilisation of the naira and curbing of inflation The Central Bank of Nigeria and its Monetary Policy ...

The value of the naira has collapsed, petrol prices have quadrupled ... is re-entering the country. As a result, the Central Bank of Nigeria (CBN) has added to its foreign exchange reserves, which now ...

The Central Bank of Nigeria (CBN) is poised to contain the resurfaced naira volatility with forex inflows surge recorded in the market last week. The naira depreciated by 3.6 per cent to N1,556. ...

According to the association, the naira has been subject to trade wars, exchange rate pressures, and speculative attacks, ...

The Naira appreciated on Tuesday at the official market, trading at 1491.67 to a dollar. Data from the Central Bank of Nigeria (CBN) Website showed that the Naira gained N7.31. This represents a 0 ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank must sustain its fight against foreign exchange speculators to ensure Naira stability against the dollar.

The Nigerian naira continued depreciation on Friday at the foreign exchange market to end the week on a negative note. According to the Central Bank of Nigeria’s exchange rate data, the Naira ...

The unit weakened almost 4% last week to 1,552 naira per dollar before recovering on Monday to around 1,538 at 2:45 p.m. in Lagos, with analysts expecting the Central Bank of Nigeria to provide ...

The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84. This represents a ...