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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 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...
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...
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...
UPDATE 1-Nigeria central bank aims for 21% inflation, seeks to support naira
Reuters via Yahoo Finance· 4 months agoNigeria's central bank aims for inflation to fall to about 21% and will work to strengthen the country's undervalued naira currency, Governor Olayemi Cardoso said on Wednesday. Cardoso faces ...
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...
Nigeria Aims to Tame Prices With Bigger-Than-Forecast Rate Hike
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Nigeria’s central bank raised interest rates more than forecast as part of its...
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 ...