[ad_1] The Central Bank of Nigeria (CBN) has vowed to go after currency hoarders and speculators whose activities are allegedly contributing to the depreciation of the naira against major foreign…
Tag: depreciates
Naira depreciates at black market, gains on I&E window
[ad_1] Naira plummeted against the the United States dollars at the unofficial market on Friday, data posted on AbokiFX, a website that collates the parallel market rate in Lagos, showed.…
Naira depreciates on I&E window
[ad_1] The Naira weakened significantly against the United States dollar at the official market on Tuesday, market rates published on the FMDQ website showed. The local unit, which opened trading…
Naira resumes free fall, depreciates to N890/$ at parallel market | The Guardian Nigeria News – Nigeria and World News
[ad_1] •Stock investors’ wealth rises by N160b in three trading days Barely a week after it started recording some gains, naira appears to have resumed free fall, touching N900/$ at…