Tag: Naira
Browse our exclusive articles!
Naira at record low on black market, inches closer to 1000 to dollar
Naira fell to a record low on the black market on Wednesday, edging closer to 1000 to a dollar, as Nigeria’s foreign exchange problems...
Naira tumbles to N900 after brief recovery
The naira is on a downward spiral again after government’s intervention handed the currency a breather for about a week.
The currency fell to N900...
Naira could take 18 months to stabilize after reforms, IMF says
Stabilizing Nigeria's economy and the naira exchange rate could take up to 18 months after recent reforms, the International Monetary Fund says, warning that...
Nigeria currency traders want Binance banned
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Nigerian government to ban the cryptocurrency exchange Binance from operating in...
Naira down to record low on black market
The Nigerian naira plummeted to an all-time low on the black market on Friday, driven by a surge in demand for dollars from people...