Nigeria Not Getting Value for Crude Oil Sales—Kwara Gov
Modupe Gbadeyanka By Modupe Gbadeyanka The Governor of Kwara State, Mr AbdulRahman AbdulRazaq, has appealed to Nigerians to be patient…
devalue naira
CBN Devalues Naira Amid FX Supply Woes?
Adedapo Adesanya By Adedapo Adesanya There has purportedly been a fresh round devaluation of the Naira by the Central Bank…
Naira Crashes to N1,099.05/$1 at Official Market
By Adedapo Adesanya The Nigerian Naira weakened to a new low on the American Dollar at the Nigerian…
Naira Crumbles at Parallel Market After CBN Devaluation Denial
By Adedapo Adesanya The Naira tumbled against the Dollar in the parallel market on Thursday after the Central…
BREAKING: CBN Denies Devaluing Naira to N630/$1
Aduragbemi Omiyale By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has debunked the report that it has devalued the…
Naira Now N463.75/$1 at Official Market After Slight Devaluation
By Adedapo Adesanya The Naira closed at N463.75/$1 in the Investors and Exporters (I&E) window of the foreign…
Naira Hits Devaluation Region, Trades N456.33/$1 at Official Market
By Adedapo Adesanya The Naira further weakened against the US Dollar at the Investors and Exporters (I&E), black…
I&E FX Window: Naira Closes Flat at N435/$1 After Devaluation
By Adedapo Adesanya A day after the Central Bank of Nigeria (CBN) quietly devalued the Nigerian Naira at…
ABCON Blames FX Speculators for ‘Forceful Devaluation of Naira’
Dipo Olowookere By Dipo Olowookere Recently, the value of the Naira compared with the United States Dollar at the parallel…
CBN Rules Out Devaluation of Naira, Insists FX Reserves Robust
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Thursday allayed fears of investors on the rumoured…