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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 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...
Nigeria's naira falls to a record 980 on black market - abokiFx
Reuters via Yahoo Finance· 9 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 ...
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’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 Central Bank Denies Devaluing Naira as Calls Grow Louder
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Nigeria’s central bank dismissed a report that it had devalued the naira as traders...
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 aims to release all funds from foreign airlines' ticket sales - minister
Reuters via Yahoo News· 1 year agoABUJA (Reuters) -Nigeria is aiming to release money from foreign airlines' ticket sales, held up by...
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 ...
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...