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The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar at the close of trading on Monday, according to data by the Central Bank of Nigeria (CBN).

The naira maintained the N1660-7 range against the haven currency in the unofficial market despite high volatility in the dollar index following President Trump’s swearing-in. Price action shows that ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled a comprehensive strategy to tackle on-going commoditization of the naira, with the objective of reinstating its status ...

The relative stability of the naira in December and the introduction of the 150-day window import duty waiver on key staples by the federal government slowed imported food inflation to its lowest ...

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The special adviser to the president on economic affairs (Office of the Vice President), Tope Fasua, has said that the weakening of the naira has reduced the number of Nigerians migrating from the ...

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

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The Naira yesterday depreciated to N1,670 per dollar in the parallel market from N1,660 per dollar on Tuesday. Similarly, the Naira depreciated to N1,550 per dollar in the official foreign ...

This statement comes on the heels of a Bloomberg report highlighting an unusual period of stability for the naira. The Naira finds its footing as it stabilises: Bloomberg report A year after an ...