Naira Declines Across the Board Despite New Forex Policy Efforts of the Central Bank of Nigeria to stimulate productivity and checkmate the activities of speculators and...
In a bid to simplify and finally liberalize the receipt of diaspora remittances, the Central Bank of Nigeria (CBN) has amended its receipt procedures to allow...
Naira plunged against the United States Dollar to a record low of N495 at the black market on Thursday despite the Central Bank of Nigeria saying...
Rising demand for the United States Dollar amid persistent scarcity has further widened Nigeria’s foreign exchange rate at the black market. The Nigerian Naira depreciated by...
The Nigerian Naira remained under pressure against global currencies across key foreign exchange markets. The Naira dipped slightly against the United States Dollar by N1 from...