Tag: Naira

Despite the Central Bank of Nigeria (CBN)'s attempts to steady the value of the naira, Nigeria's foreign exchange reserves has ...

Bloomberg disclosed in its recent report that Nigeria is depleting its foreign exchange reserves at a rate unprecedented in the ...

The Central Bank of Nigeria (CBN) has further increased the exchange rate for calculating customs duties at the nation’s seaports ...

The International Monetary Fund (IMF) has warned that Nigeria's exchange rate could depreciate 35 per cent this year. The bank ...

Nigeria’s Naira is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de ...