Tag: naira

Analysts see $2.25bn World Bank loan easing naira pain The $2.25 billion World Bank loan given to Nigeria to stabilise the economy ...

Trade surplus hits 14-yr high as weak naira lifts exports Nigeria’s trade surplus, the difference between exports and imports, rose ...

Naira seen benefiting as forward FX contract pressure shrinks Nigeria’s naira should benefit in coming months from a let-up in ...

Nigeria set for big rate hike as currency stumbles A sharp slump in the Nigerian naira since mid-April and 28-year ...

Nigerian Central Bank intervention fails to stem Naira slide Central bank intervention this week failed to stop slide in Nigeria’s ...

Naira slips from best performing to worst currency in the world The naira has witnessed a change in fortune, emerging as the ...

Nigeria’s dollar reserves plunge in tandem with naira rebound Nigeria is burning through foreign-exchange reserves at a rate not seen ...

Nigerian currency’s world-beating gains yet to temper inflation Nigerian inflation accelerated more than anticipated to a 28-year high, as the ...

Naira jumps to 8-month high of 1,120/$ as dollars flood black market The Naira on Thursday rose to an eight-month ...

Naira pushes to post-devaluation high as rate hikes get traction Nigeria’s battered currency continued to advance following another interest-rate increase ...