central bank of nigeria
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Nigeria Naira Bounces Back at Official Forex Window, Parallel Market Struggles
Amidst concerns over the Nigerian currency's volatility, the naira experienced a positive turn at the official forex window, strengthening by 1.09% to close at 1,419.86/$, following reassurances from the Central Bank of Nigeria Governor, Olayemi Cardoso. Last week saw the naira hitting an...- Nigeria News
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- central bank of nigeria foreign exchange market forex market naira exchange rate nigerian currency
- Category: Business
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Nigeria Cash Shortage Grips Nigeria: Limited ATMs and Long Queues Spark Concerns
In recent weeks, a perplexing cash shortage has gripped parts of Ikeja, Nigeria, casting a spotlight on the nation's financial landscape. Stretching from Computer Village to Oregun, the scarcity of cash has become evident, with only a few ATMs dispensing cash, imposing withdrawal limits, and...- Nigeria News
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- 2 min read
- atm cash scarcity cashless policy central bank of nigeria channels tv hoarding of naira nigeria economy
- Category: Business
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Decoding Naira's Strength Illusion: Top 10 Insights from the FIJ's Interview on Nigeria's Currency Manipulation
Image by Gerd Altmann from Pixabay In a recent eye-opening interview with the Foundation for Investigative Journalism (FIJ), crypto market analyst Mikael Bernard delved into the complexities surrounding the Nigerian Naira's recent surge in value. This discussion unearthed critical insights... -
Nigeria Naira Drops to Record 980 per Dollar in Official Market, Reflecting Persistent Dollar Shortages and Economic Challenges
Photo by Sunday Abegunde on Unsplash According to Reuters, Nigeria's naira has plummeted to an unprecedented low against the dollar, hitting 980 naira per dollar in the official market. This record devaluation mirrors the ongoing weakness in the parallel market and underscores the persistent... -
Nigeria Nigeria's Central Bank Lifts Forex Ban on 43 Items
Image by PublicDomainPictures from Pixabay In a significant move, the Central Bank of Nigeria (CBN) has lifted the eight-year ban on 43 items that were previously restricted from accessing foreign exchange, according to Business Insider Africa. This decision comes as a response to the... -
Nigeria Nigerian Naira Takes a Dive: Why World Bank Calls It One of Africa's Worst-Performing Currencies in 2023
In a recent report titled "Africa's Pulse," the World Bank has highlighted the sharp depreciation of the Nigerian Naira as one of the key economic challenges facing the African region. According to the report, the Naira has weakened by nearly 40 percent against the US dollar since a mid-June...- Nigeria News
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- 2 min read
- african currencies bola tinubu administration central bank of nigeria foreign exchange market
- Category: Business
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Business Forex scarcity persists as CBN resumes intervention - Vanguard Newspaper
https://www.vanguardngr.com/2023/06/forex-scarcity-persists-as-cbn-resumes-intervention/- Nigeria News
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Politics Nigeria’s Economy Is about To Collapse – Sanusi – Naijaloaded
https://www.naijaloaded.com.ng/news/nigerias-economy-is-about-to-collapse-sanusi- Chinedu Iroka
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- Forum: Political News Links
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Metro Ex CBN Deputy Governor, Mailafia Was Hounded By DSS Till He Died – Sowore – Nairaland
https://www.nairaland.com/6761497/obadiah-mailafia-hounded-dss-till- Chinedu Iroka
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- abuja news central bank of nigeria naija news nairaland nigeria news nigeria news obadiah mailafia omoyele sowore
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- Forum: Metro News Links
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Metro Governor Okowo defends CBN’s clampdown on cryptocurrency, others – Legit.ng
https://www.legit.ng/1431206-governor-okowo-defends-cbns-clampdown-cryptocurrency-others.html- Chinedu Iroka
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- Forum: Metro News Links
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Metro Spray naira notes, go to jail – CBN warns Nigerians – Daily Post Nigeria
https://dailypost.ng/2021/06/11/spray-naira-notes-go-to-jail-cbn-warns-nigerians/- Chinedu Iroka
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- Forum: Metro News Links
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Business CBN: Nigeria to launch digital currency before year-end – New Telegraph
https://www.newtelegraphng.com/cbn-nigeria-to-launch-digital-currency-before-year-end/- Chinedu Iroka
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- central bank of nigeria naija news newtelegraph nigeria news nigeria news rakiya mohammed
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Business Naira battered by US Dollar, Euro, pounds – P.M. News
https://pmnewsnigeria.com/2021/06/02/naira-battered-by-us-dollar-euro-pounds/- Chinedu Iroka
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- central bank of nigeria fx market naija news nigeria news p.m nigeria news
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- Forum: Business News Links
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Business Cassava: Nigeria to save $580m from CBN’s initiative – New Telegraph
https://www.newtelegraphng.com/cassava-nigeria-to-save-580m-from-cbns-initiative/- Chinedu Iroka
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- central bank of nigeria naija news newtelegraph nigeria news nigeria news
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- Forum: Business News Links
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Business Emefiele, Trade Minister To Lead Delegation To US-Nigeria Investment Summit – Leadership News
https://leadership.ng/emefiele-trade-minister-to-lead-delegation-to-us-nigeria-investment-summit/- Chinedu Iroka
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- central bank of nigeria godwin emefiele leadership nigeria news naija news nigeria investment summit nigeria news otunba richard adebayo
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Business Nigeria Will Soon Create Digital Currency — CBN – Nairaland
https://www.nairaland.com/6572382/nigeria-soon-create-digital-currency- Chinedu Iroka
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- abuja news central bank of nigeria godwin emefiele naija news nigeria news
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Business Naira falls at black market as CBN formally adjusts official rate – Nairametrics
https://nairametrics.com/2021/05/26/naira-falls-at-black-market-as-cbn-formally-adjusts-official-rate/- Chinedu Iroka
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- central bank of nigeria nafex naija news naira vs dollar nairametrics nigeria news nigeria news
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- Forum: Business News Links
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Business Forex: Speculators to lose N100bn as CBN sustains funding for BDCs – New Telegraph
https://www.newtelegraphng.com/forex-speculators-to-lose-n100bn-as-cbn-sustains-funding-for-bdcs/- Chinedu Iroka
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Business Emefiele to critics: CBN’s agric intervention programmes not partial – New Telegraph
https://www.newtelegraphng.com/emefiele-to-critics-cbns-agric-intervention-programmes-not-partial/- Chinedu Iroka
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- anchor borrowers’ programme central bank of nigeria godwin emefiele naija news newtelegraph nigeria news nigeria news
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Business CBN allows Naira weaken as official rate hits N419 – P.M. News
https://www.pmnewsnigeria.com/2021/05/15/cbn-allows-naira-weaken-as-official-rate-hits-n419/- Chinedu Iroka
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- central bank of nigeria forex naija news nigeria news p.m nigeria news
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- Forum: Business News Links
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