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Why Nigeria’s currency is rebounding against the dollar
Semafor via Yahoo News· 2 months agoNigeria’s naira is recovering from record lows hit this year following interventions by its central...
Nigeria's naira recorded a historical plunge after being floated freely
Quartz via Yahoo Finance· 11 months agoThe decision by the Central Bank of Nigeria (CBN) to float the naira freely has come with an...
Nigeria’s Naira Finds Path to Stability After Wild Week
Bloomberg via Yahoo News· 4 months ago(Bloomberg) -- Even by the standards of Nigeria’s byzantine foreign-exchange market, it’s been a...
Nigeria Set to Extend Biggest-Ever Rate Hikes, Hold Off on Naira Devaluation
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- The Central Bank of Nigeria is set to extend its steepest phase of monetary...
Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Associated Press Finance via Yahoo Finance· 3 months agoNigerians are facing one of the West African nation’s worst economic crises in years triggered by...
Investors Eye Nigeria Devaluation as Central Bank Chief Ejected
Bloomberg via Yahoo News· 12 months ago(Bloomberg) -- Emerging-market investors are looking at a devaluation of Nigeria’s naira after the...
Why Nigeria’s central bank joined Africa’s slow march towards crypto regulation
Semafor via Yahoo News· 4 months agoThe Scene LAGOS — Three years ago, when the Central Bank of Nigeria (CBN) barred commercial banks...
Nigeria’s Currency Is Heading for Its Worst Losing Streak in Two Years
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Nigeria’s currency is poised for its eighth straight day of losses and on track for...
Nigeria's external debt surges due to weak naira and forex policy changes
Investing.com via Yahoo Finance· 8 months agoNigeria's external debt has surged by N13.38 tn ($17.38 billion) in the second quarter of 2023 due to a significant devaluation of the naira and changes in foreign exchange policies, according ...
Nigeria Rate Decision Will Test Central Bank Autonomy
Bloomberg via Yahoo News· 10 months ago(Bloomberg) -- The Central Bank of Nigeria’s first interest rate decision since Godwin Emefiele’s...