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Naira

Central Bank Begins Flooding Market With Smaller Naira Notes

The Central Bank of Nigeria, CBN, has kick-started the distribution of smaller naira notes to traders in order to improve circulation of N5, N10,...

As Naira Shores, CBN Injects $380 Million Into Economy

The Central Bank of Nigeria, CBN, has pumped a total $380million within two days into the Foreign Exchange Market. And the effect: a further strengthening...

Dan Agbese: Saving The Naira – The Charles Soludo Option [MUST READ]

Dan Agbese, a respected journalist, writes on the economy and the free-falling Nigerian currency, the Naira. He suggests that the Charles Soludo option be...

Saving The Naira: CBN Injects A Further $350 Million In Nigerian Interbank Market

Determined to ease the foreign exchange pressure on Nigerians seeking to carry out international transactions, the Central Bank of Nigeria, CBN, will this weekend...

Naira Devalued By 22% As CBN’s New Forex Regime Takes Effect

As the Central Bank of Nigeria's decision to "free" the naira and allow market forces drive the position of the Nigerian currency, the interbank...

Buhari Caves To IMF, Finally ‘Devalues Naira’ Through ‘Free Market’ [INFOGRAPHIC]

Following a year of Nigeria's President Muhammadu Buhari insisting against better advice to liberalize the naira and permit market forces to determine its value,...

#SoundOff: Dear Buhari, As You Defend The Naira… Look, It’s NOT WORKING

by Abd Yinka Festus I don't get this chapter of Buharinomics that has to do with naira value. You claim you won't devalue that naira...

Naira Crashes Further At Parallel Market

NAN - The naira on Wednesday, December 2, 2015 crashed further at the parallel market as it exchanged for N244 to the dollar. The News Agency...

Why We Have Refused To Devalue The Naira – CBN

The Central Bank of Nigeria, CBN, yesterday, disclosed that it refused to further devalue the  Naira because it would not havehad direct impact on the...

Naira Maintains Steady Depreciation At Parallel Market

NAN - The Naira on Friday depreciated further at the parallel market amidst intense regulation of the activities of operators of the Bureau de...

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