The persistent pressure faced by the naira in recent time may destroy the single-digit inflation achieved...
The Central Bank of Nigeria on Thursday said that the low purchasing power of the coin...
The Central Bank has thumped its regulatory hammer down on 238 Bureau de Change (BDC) operators...
More Currencies News
Naira Slips On Interbank Auction As CBN Auction Suspension Lingers
The Naira fell further against the dollar this week at the inter-bank market as...
- Posted January 4, 2013
Naira Dips on Low CBN Dollar Sales
Africa’s biggest crude oil producer’s currency the ‘naira’ declined in transaction by 0.4% to...
- Posted November 6, 2012
Naira Gains on Investor Inflows, Oil Industry Supply
The naira strengthened as offshore investors bought the nation’s short-term debt and oil companies...
- Posted October 30, 2012
Naira Weakens on Dollar Demand After Inflation Slows
The naira declined after the country’s inflation slowed to a nine-month low and on...
- Posted October 18, 2012
Naira Gains as Central Bank Maintains Rates at Record High
The naira strengthened after the central bank kept its benchmark interest rates at a record high...
- Posted September 18, 2012
Naira Snaps Three Days of Declines as Crude, Reserves Advance
The naira climbed against the dollar, snapping three days of declines as crude prices...
- Posted September 13, 2012
Naira Weakens on Strong Greenback Demand
The naira eased against the U.S. dollar on the interbank market on Monday after...
- Posted September 11, 2012
Naira Gains on Inflows, Reserves
The naira snapped three days of declines on inflows and on bets the central bank will...
- Posted September 6, 2012
Naira Pares Drop As Economic Expansion Quickens
The naira pared a decline to the weakest level in three weeks after a...
- Posted September 4, 2012