News

Legit.ng on MSN1d
See latest naira exchange rate against dollar, pounds, euro, 4 other currencies
The Central Bank of Nigeria has released the latest exchange rates for the naira against the United States dollar, the euro, ...
Legit.ng on MSN12d
See more as CBN announces naira exchange rate against dollar, euro, pound ahead of holiday
The value of the naira was unchanged against the US dollar in the foreign exchange market despite pressureData from CBN ...
Business Day9d
Why naira should be below N1,000 to dollar – Adebajo
The naira should be trading below N1,000 based on current economic fundamentals, according to Tilewa Adebajo, CEO of CFG ...
Reuters1y
Central Bank of Nigeria
Fact Check: Nigeria’s central bank did not announce new 5,000- and ... a move analysts reckon will be enough to slow inflation and bring dollar inflows. ANALYSIS· February 28, 2024 Investors ...
Daily Post Nigeria18d
Naira continues to appreciate against dollar at official, black markets
Nigeria’s currency, the Naira continued to appreciate against the dollar at the official and parallel foreign exchange markets on Thursday. Central Bank of Nigeria exchange rate data showed ...
Nigeria Incurs $9 Billion Derivatives Loss to Clean Up Reserves
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
The News Chronicle7d
Nigeria’s Currency Management Costs Skyrocket to N315 Billion Amid Cash Crisis and Policy Reforms
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), saw a dramatic spike in its currency management costs in 2024, spending a staggering N315.18 billion on issuing and managing cash—a more ...
Vanguard28d
Nigerian banks ready for recapitalisation, rising globally – CBN boss
The Central ... of Nigeria Seminar organised by the Central Bank of Nigeria (CBN). The theme of the seminar is: “Playing the Global Game: Banking Recapitalisation Towards a One-Trillion Dollar ...