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The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion of diaspora remittances to the parallel...
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 rate a...
JP Morgan, an American multinational financial services firm, says the naira is expected to appreciate, and trade at about N600 to the dollar in the coming...
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 following...
Importers have condemned the Central Bank of Nigeria (CBN)’s over its denial that the Naira has been devalued. In an interview with BusinessDay, an importer, who...
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window...
The Nigeria Labour Congress has warned that its ultimatum to the Central Bank of Nigeria to provide sufficient cash within two weeks or risk the picketing...
The Naira appreciated against the dollar on Wednesday, exchanging N461.24 at the investors’ and exporters’ window. The rate represented an increase of 0.11 per cent when...
The Governor of Central Bank of Nigeria, Godwin Emefiele, on Monday appealed to the Minister of Labour and Employment, Chris Ngige, to prevail on the leadership...
Some traders in the Federal Capital Territory (FCT) have expressed delight over improvement in the availability of naira notes to citizens. Many markets in Abuja, on...