Tag: naira

The high cost of defending naira against the dollar How low can the Naira fall? The majority of Nigerians are currently ...

Nigeria starts slowly to close huge gap between its FX rates Nigeria may have begun taking the first tentative steps ...

Naira overvalued by 200%, may be devalued The Nigerian currency is over-valued by 200 percent and the Investors and Exporters ...

Naira up despite 10.95% drop in liquidity at official market Naira, Nigeria’s currency on Thursday appreciated by 0.25 percent despite ...

Black market speculators lose big after naira gains N50/$1 Since the start of August, the naira has continued to rise ...

Why the black market is holding the naira ransom The naira continued to devalue against the dollar as it traded ...

Naira falls to record low as traders track Central Bank’s dollar sale Nigeria’s currency the Naira has fallen to the ...

Nigeria’s economic outlook dims as headwinds mount The Nigerian economy is expected to see a further slowdown in the second ...

Naira weakens at official market as dollar supply falls to $108m The exchange rate between the naira and the US ...

Down goes the naira, falls to N575/$1 The exchange rate between the naira and the US dollar closed at N416.67/$1 ...