Naira Redesign will Affect the Poor, SMEs — World Bank
The World Bank has issued a warning regarding the detrimental impact the redesign of the Naira will have on Nigeria's ...
Tag: naira
CBN Sets Weekly Cash Withdrawal Limits of N100k for Individuals, N500k for Businesses
New cash withdrawal restrictions have been set by the Central Bank of Nigeria, and they go into effect on January ...
Naira Redesign: CBN Orders Deposit Banks to Open on Saturdays
“Consequently, you must return all the current N200, N500, and N1,000 banknotes to your bank before the expiration of the ...
World Bank says Food, Energy crises will Intensify amid Naira Crash
The price of Brent crude oil in US dollars declined by almost 6% between the Russian invasion of Ukraine in ...
Pressure Heightens as Naira Crashes to N730/$ at Black Market
The value of the Nigerian Naira plunged to a new record low on Thursday morning, trading at a minimum of ...
First Bank, IMF, Seek Unified Exchange Rate for Nigeria
For the purpose of bolstering Nigeria's macroeconomic economy and external reserves, the International Monetary Fund (IMF) has advocated for a ...
Managing Rising Inflation in Nigeria
Over the past 10 years, Nigeria have long struggled with a general increase in the cost of food, goods, and ...
How to Earn in Dollars from Nigeria [3 Practical Methods]
Now, some questions to ponder are - is it really possible to earn in Dollars from Nigeria? How many Nigerians ...
Nigerian Naira Weeps on Official Market
On the parallel markets, the domestic currency (Naira) traded around N615 to the dollar - more than 40% weaker than ...
Operators Woo CBN for Partnership to Save Forex Market from Instability
CBN to implement market-friendly policies that will make the BDCs impact more positively in the market and promote exchange rate ...
Nigeria Week Ahead: Naira & US Inflation In Focus
Written by Lukman Otunuga, Senior Research Analyst at FXTM