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Weak Oil output, 6-week high dollar compound naira problem at black market
Nairametrics
Nigeria's naira is poised for its lowest level at the black market this month as demand-supply equilibrium remains a fantasy.
4 месяца назад
Naira Weakens as Dollar Liquidity Fades in Nigerian Forex Market
BNN Bloomberg
(Bloomberg) -- Nigeria's currency plunged, heading for its worst four-day losing streak since the naira was devalued in January as domestic dollar liquidity...
1 месяц назад
CBN's Missteps Contributed To Tumbling Naira Value, Says Utomi
Channels Television
The naira exchanges for about N1,400 to a dollar in the parallel market as of now and has been on a downward slide against major world...
3 месяца назад
Citigroup Sees Silver Lining to Nigerian Naira (NGN USD), Angola Kwanza Rout
Bloomberg.com
Nigeria, Angola and Kenya are among African countries that could draw greater foreign investment flows in the wake of sharp declines this...
9 месяцев назад
Nigeria Limits Dollar Repatriation by Oil Firms to Support Naira
BNN Bloomberg
(Bloomberg) -- Nigeria's central bank restricted foreign-currency transfers by international oil companies as it seeks to boost dollar liquidity in the...
3 месяца назад
Top Nigeria Companies See $385 Million in Losses on Weak Naira
Bloomberg
Nigerian President Bola Tinubu's move to allow the nation's currency to weaken has contributed to combined losses of $385 million at six of...
9 месяцев назад
Exchange rate falls to new low as Supreme Court confirms President Tinubu’s election victory
Nairametrics
The exchange rate in Nigeria experienced a decline in both the official and parallel markets on the day the Supreme Court affirmed Bola...
7 месяцев назад
Nigeria: 2023 Year Of Cash Crunch And Naira Swap – Analysis
Eurasia Review
2023 started on a cautionary note as the cash crunch from the preceding year festered into the new year and now the year is ending in a...
5 месяцев назад
Certificate Saga: NADECO – USA Asks Tinubu to Resign and Save Nigeria from International Embarrassment
Tekedia
The controversy surrounding President Bola Tinubu's certificate from Chicago State University (CSU) has generated a lot of faux that many...
8 месяцев назад
Naira Sinks to 1,000 per Dollar in Nigeria as MPs Vet Bank Chief
BNN Bloomberg
(Bloomberg) -- Nigerian senators voiced concern about the naira at a hearing to confirm the county's new central bank governor, after the currency weakened...
8 месяцев назад
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