In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued the

AS NIGERIA CONTINUES TO DEAL WITH THE economic shock of the global shutdown brought on by the pandemic, the inherent weakness of

The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following the resumption of

The dollar exchanged for N412 on Monday at the Bureau de Change segment of the market. This followed a temporary suspension of sale of

The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January

The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N445 and

Nigeria’s central bank will strive to protect the country’s currency reserves after a British court ruling granted a small natural gas

The Naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N450

The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window stood at 293.60 million

The ability to maintain the long-term stability of the naira has begun to stir concerns of investors who have expressed worry over the