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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...
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...
Nigeria's naira falls to a record 980 on black market - abokiFx
Reuters via Yahoo Finance· 8 months agoNigeria's naira fell to a record low on the black market on Wednesday, driven mostly by speculative demand as individuals turn to the dollar as a store of value, traders said. The unit was quoted ...
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...
Naira Plunges as Nigeria Lets Currency Break Through Control
Bloomberg via Yahoo News· 11 months ago(Bloomberg) -- Nigeria’s central bank allowed the naira to slump to a record low as officials look...
Crypto Gets Blamed for a Real-Life Currency Crisis
The Wall Street Journal· 3 months agoCRYPTO Tigran Gambaryan, Binance’s head of financial-crime compliance, flew to Nigeria’s capital to solve a problem: The government had blamed the...
UPDATE 2-Nigeria's naira hits record low after central bank adjusts spot rate
Reuters via Yahoo Finance· 1 year agoThe Nigerian naira hit a record low of 466 per dollar on the official market on Thursday, after the central bank weakened the currency on the spot market and at its foreign exchange auction ...
UPDATE 2-Nigeria's naira tumbles on black market after central bank policy move
Reuters via Yahoo Finance· 2 years agoNigeria's naira tumbled to record low of 860 per dollar on the black market on Thursday, as the central bank's plan to replace old notes next month with new ones spurred demand for foreign currencies ...
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...
