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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...
Nigerian Naira Falls in Parallel Market Before Inauguration
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Nigeria’s currency weakened in the parallel market to the lowest level in a year on...
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...
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 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...
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 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 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 ...
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'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...
