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Naira Official Rate Falls Below Nigeria Street-Market Value
Bloomberg via Yahoo News· 4 months ago(Bloomberg) -- The naira’s official exchange rate fell below its street value, signaling the...
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 Brings Forex Back Into the Open to Defeat Street Market
Bloomberg via Yahoo News· 4 months ago(Bloomberg) -- Nigeria is bringing foreign-exchange trading back into public view, the latest step...
Nigeria central bank allows naira to weaken 2% to record low
Reuters via Yahoo Finance· 12 months agoNigeria's central bank allowed the naira to drop about 2% on the official market to a record low on...
Nigeria lets market set currency exchange rate to stabilize economy, woo investors
Associated Press via Yahoo News· 11 months agoNigeria’s central bank has ended its distorted foreign exchange rate, a move the new government in...
Officially Outdoing Loonie, Naira Actually Among Worst in World
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Officially, Nigeria’s naira is doing pretty well this year, down just 4% against a...
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 is chasing stability against the dollar with a firehose of new rules
Semafor via Yahoo News· 4 months agoThe Facts Nigeria’s central bank and other monetary authorities are implementing new measures to...
Naira Plunges as Nigeria Lets Currency Break Through Control
Bloomberg via Yahoo News· 12 months ago(Bloomberg) -- Nigeria’s central bank allowed the naira to slump to a record low as officials look...
Nigeria naira reaches record low of 1,421 per dollar on official market -FMDQ
Reuters via Yahoo Finance· 4 months agoNigeria's naira dropped to a record low against the dollar on the thinly traded official market on Friday, FMDQ Exchange data showed on Monday, as the currency swung widely to overshoot the ...