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Naira Seen Benefiting as Forward FX Contract Pressure Shrinks
Bloomberg
Nigeria's naira should benefit in coming months from a let-up in pressure from forward central bank foreign exchange contracts,...
3 недели назад
Nigeria Bans Naira Street Trading as Battered Currency Takes Another Hit
Bloomberg
Nigeria stepped up efforts to curb speculation against the battered naira, slapping tough new conditions on bureau de change and banning...
1 месяц назад
Naira Pushes to Post-Devaluation High As Rate Hikes Get Traction
Bloomberg.com
Nigeria's battered currency continued to advance following another interest-rate increase by the central bank, reaching its strongest level...
3 месяца назад
Heineken's Nigerian Unit Shuts Two Plants as Forex Costs Bite
Bloomberg.com
Heineken NV's Nigerian unit temporarily shut two factories in the West African nation, plagued by the depreciation of the currency that...
2 месяца назад
Naira Poised for Worst Four-Day Drop Since January's Devaluation
Bloomberg.com
Nigeria's currency plunged, heading for its worst four-day losing streak since the naira was devalued in January as domestic dollar...
2 месяца назад
Next Africa: (USD/NGN) Naira Surge No Salve for Struggling Nigerians
Bloomberg.com
The currency of Africa's biggest oil producer has jumped almost 40% against the dollar since mid-March, making it the world's best performer.
2 месяца назад
NGN/USD: Nigeria's Naira Resumes Decline in Parallel Market
Bloomberg.com
Naira Resumes Decline in Parallel Market After Days of Stability · Spread with parallel rate widens to 10% from 2% in week · Central bank's...
4 месяца назад
NGN/USD: Naira's Outlook Brightens As Currency Stabilizes
Bloomberg
Nigeria's prolonged battle to stabilize its currency is finally bearing fruit, with analysts now forecasting the battered naira could...
3 месяца назад
Why Nigeria’s Naira Currency Has Plunged and Dollars Are Scarce (NGN/USD)
Bloomberg
Nigeria pumps almost 1.5 million barrels of crude oil a day, making it the continent's biggest producer. Yet this petrodollar nation faces...
3 месяца назад
Why Nigeria's Currency Rebounded and What It Means for the Economy
Bloomberg.com
The devaluation of the local naira currency stoked inflation, and the central bank reacted by sharply increasing borrowing costs — at the risk...
2 месяца назад
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