Nigeria’s Central Bank Sells $150M In Forwards
Reuters: Nigeria’s central bank said on Tuesday that it had sold $150 million in currency forwards on…
Nigerian Overnight Lending Rate Rises On Cash Squeeze
Reuters: Nigeria’s overnight interbank lending rate climbed to 16 percent on Friday from about 13 percent at the…
Nigeria: 3 Million People Lost ₦18 Billion In MMM (Ponzi Scheme)
Unic Press UK: Nigerian Deposit Insurance Corporation (NDIC) said circa three million Nigerians, who had invested funds in a…
Nigerian Naira Continues To Appreciate, ‘Responding’ To CBN’s New Forex Policy
Unic Press UK: The Nigeria currency, Naira is regaining its strength against the U.S. Dollar given happenings…
Forex Crisis In Nigeria: Central Bank Issue New Policy/Guideline
Unic Press UK: The Central Bank of Nigeria (CBN) has issued a press release “New Policy Actions in…
Tale of Two Currencies: Egypt Sets Itself Apart From Nigeria
Bloomberg: “Tale of Two Currencies: Egypt Sets Itself Apart From Nigeria” By Paul Wallace [@PaulWallace123] Back in…