There is a massive spike in the demand for the US dollar in the official foreign exchange market, putting the naira on a ...
The Nigerian currency, the naira, depreciated further against the American dollar at the official window on Wednesday. The ...
The naira weakened in the official and black markets on Wednesday as year-end dollar demand from importers and retailers ...
The naira weakened on Monday in both the official and black markets, despite rising CBN reserves, which have helped boost the ...
The Central Bank of Nigeria (CBN) has taken a bold step in the foreign exchange market, injecting $100 million to stabilise the naira as demands resurges.