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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...
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 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...
Naira Street Value’s Plunge to 1,000/$1 Vexes Nigerian Lawmakers
Bloomberg via Yahoo News· 8 months ago(Bloomberg) -- Nigerian senators voiced concern about the naira at a hearing to confirm the county’s...
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 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 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...
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...
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...