Nigeria’s foreign reserves have increased in recent times but the naira is still losing value in…
naira
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The foreign currency market opened on Monday with Nigerian naira gains starting 5.93 percent higher on…
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At the official market (NAFEM) and on the black market, the naira has declined for the…
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Business And Money
Naira depreciates further at the official & black forex market
by samsunblogby samsunblogIn both the official and black markets, the naira depreciates for the second day in a…
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Business And Money
Naira appreciation: Central Bank of Nigeria not depending on FX reserves
by samsunblogby samsunblogWith its limited involvement in the foreign exchange market, the Central Bank of Nigeria (CBN) has…
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Business And Money
Naira maintains appreciation after CBN clears FX backlog
by samsunblogby samsunblogBecause of a rise in dollar supply and the Central Bank of Nigeria‘s (CBN) clearing of…
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Business And Money
USD increases as Nigeria Central Bank moves to adjust Forex
by samsunblogby samsunblogFollowing the announcement by the Central Bank of Nigeria of a number of steps aimed at…
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Business And Money
Nigeria: Naira gains amid increase in dollar liquidity
by samsunblogby samsunblogIn line with FSDH Research‘s forecast, Nigeria will continue to struggle to maintain a balance between…
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Business And Money
Nigeria currency: Naira set to be devalued further in 2024
by samsunblogby samsunblogThe Nigeria currency is set to be devalued further in 2024, which could spell the worst…
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Business And Money
Supreme Court Decision: Old and new naira notes to coexist
by samsunblogby samsunblogThe Supreme Court decision to extend the lifespan of the redesigned N200, N500, and N1000 notes…
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