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4 stories tagged exchange rate in nigeria.
A United States-based magazine, Global Finance, says the Central Bank of Nigeria has failed to curb rising inflation and stop the naira from sliding against the United States dollar. This was disclosed in an October…
The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. According to THE PUNCH, operators said the dollar was bought and sold for N567 and N570 respectively on Tuesday,…
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar scarcity that has made it…
The naira fell to a new low of 414 against the United States dollar on Sunday amid the continued scarcity of foreign exchange in the country, with economic experts predicting further pressure in the forex market this…
