Tag: Exchange rate

The naira plummeted to N1,600 to the dollar on the parallel market, exacerbating Nigeria's foreign exchange crisis and inflation Despite ...

The development came weeks after the rate was increased from N783/$ to N952/$ The Federal Government through the Central Bank ...

The naira’s continued fall is happening despite efforts by the government to boost liquidity in the official market The naira ...

Projects less revenue from oil exports in the fiscal year  Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso has ...

Femi Falana criticizes floating naira, blames IMF, World Bank prescriptions, fuel subsidy removal for harsh economic conditions, calls for change ...

CBN had floated the Naira Naira had continued to fluctuate since the floating The Naira dropped further in the parallel ...

Monetary Policy Committee (MPC) meeting Acting governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi has disclosed that the ...

Invisible transactions would continue to be accessed through the banks at the prevailing market rate CBN had directed Banks to ...

The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated ...

As the exchange rate for ticket prices reaches N702/$, findings show that airfares on Nigerian routes to various locations in ...