Nigeria Is Running Out of Firepower to Defend the Naira: Chart
Bloomberg: Nigeria’s foreign reserves keep on falling: they stood at $25.8 billion on Aug. 16, the lowest since…
Among Battered Oil Currencies, Nigeria’s Is Biggest Loser: Chart
Bloomberg: Oil currencies have been hammered since crude prices crashed in mid-2014, and none more so than Nigeria’s…
14 Airlines Close Shop In Nigeria Amid Forex Hike
Guardian / Nigeria: No fewer than 14 airlines have withdrawn their services from the country due to low…
CBN To Clear Backlog Of Forex Demand
Leadership / Nigeria: The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign…
Nigerian Naira Tumbles 30 Percent After Peg Removed
Reuters: Nigeria’s naira slumped 30 percent against the dollar on Monday after the central bank removed its currency…
Naira In 3-Day Recovery As New Forex Policy Kicks Off Today
Tribune / Nigeria: The Nigerian Naira which opened early last week at N370.00 to a United States …