CBN initiates steps to harmonise exchange rates
Wale Ameen
May 15, 2021
Wale Ameen Online Editor There are indications that the Central Bank of Nigeria as at Friday has began gradual harmonisation of
Naira to experience more pressure – Report
Businessam StaffApril 8, 2020
The naira will experience more pressure due to slump in the crude oil prices, as the economy grapples with challenges from coronavirus
CBN debunks naira devaluation, threatens to sanction those responsible for false speculations
Businessam StaffMarch 13, 2020
The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about to be
Nigeria Daily Street Market Exchange Rate (December 20th 2019)
Businessam StaffDecember 20, 2019
This is a daily compilation of the price of the Naira against three major currencies in the world; USD, GBP and EUR with the tracker
Naira stability: CBN spends $25.68bn in eight months
Businessam StaffNovember 15, 2019
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January
Stop N305/dollar official exchange rate, LCCI tells CBN
Businessam StaffSeptember 10, 2019
The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305
Nigeria’s national budget grows 2,866% in 19yrs on worsening exchange rate, rising deficit
Businessam StaffNovember 10, 2017
The size of Nigeria’s national budget has grown 2,866 percent from N299 billion in 1999 to N8.6 trillion as proposed in the 2018
Guide to figure out Nigeria naira’s worth
Businessam StaffAugust 21, 2017
For now, this is as close as it gets to a devaluation in Nigeria. Monetary policy officials unified some of their multiple exchange
CBN offers $100m at special foreign exchange auction
Niyi JacobsJune 28, 2017
In continuation of its efforts at stabilizing the foreign exchange market, the Central Bank of Nigeria (CBN) has scheduled to offer