Exchange rate

CBN initiates steps to harmonise exchange rates

Wale Ameen Online Editor   There are indications that the Central Bank of Nigeria as at Friday has began gradual…

By Online Editor
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CBN debunks naira devaluation, threatens to sanction those responsible for false speculations

The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about to be…

Nigeria Daily Street Market Exchange Rate (December 20th 2019)

This is a daily compilation of the price of the Naira against three major currencies in the world; USD, GBP…

Naira stability: CBN spends $25.68bn in eight months

The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January…

Stop N305/dollar official exchange rate, LCCI tells CBN

The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate…

Nigeria’s national budget grows 2,866% in 19yrs on worsening exchange rate, rising deficit

The size of Nigeria’s national budget has grown 2,866 percent from N299 billion in 1999 to N8.6 trillion as proposed…

Guide to figure out Nigeria naira’s worth

For now, this is as close as it gets to a devaluation in Nigeria. Monetary policy officials unified some of their…

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