Tag: naira

Black market exchange rate falls to N870 per $1 The exchange rate between the naira and the US dollar fell drastically on ...

Nigerian banks ramp up dollar rationing The persistent dollar scarcity in Nigeria and declining foreign exchange reserves have prompted some ...

Currency traders fear exchange rate may be heading to N1,000/$1 by year end The exchange rate between the naira and ...

Naira crashes to N775/$ days after CBN announced new naira notes The naira suffered a historic plunge to N775/$ two ...

Nigeria's Central Bank redesigns naira notes The Central Bank of Nigeria (CBN) said it will start circulating newly redesigned N200, ...

Nigeria: Forex scarcity forces manufacturers to get creative  Nigeria’s manufacturers have devised ways to access foreign exchange given the perennial ...

Naira is under attack from oil theft Nigeria’s primary source of foreign exchange earnings, crude oil, has become a source ...

Major actors sabotaging the naira  The CBN recently stated that it will not give in to demands to further devalue ...

Naira crashes to all time record low against dollar Naira on Friday fell to N720 per dollar, lowest ever, following ...

Naira sinks 73% in nine years as dollar shortage persists Naira extended its decline against the dollar to 714 in ...