Tag: naira

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Emefiele’s Naira redesign ran farmers bankrupt – FG

The Federal Government lamented on Monday that the Naira redesign policy carried out by the Central Bank of Nigeria, CBN from December 15, 2022...

Diversion of diaspora remittances to black market weakens naira – CBN

The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion of diaspora remittances to...

Naira hits N860/$ record low on black market ahead of CBN meeting

Nigeria's naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official...

Naira to appreciate to N600/$1 in coming months– JP Morgan

JP Morgan, an American multinational financial services firm, says the naira is expected to appreciate, and trade at about N600 to the dollar in...

CBN announces unification of FX windows, stops Naira4Dollar scheme

OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the...

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