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…
Nigeria’s Naira Hits Post-Peg Black Market Low Of 400
Reuters: Nigeria’s naira hit 400 against the dollar on the black market on Friday, bureaux de change traders…
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 …
Nigerian Central Bank “Optimistic” Naira Will Settle At 250 Per Dollar: Document
Reuters: Nigeria’s central bank is “reasonably optimistic” the naira will settle at around 250 to the U.S. dollar…