Naira
Nigeria’s central bank inject more notes to ease scarcity of lower naira denominations
By Temitayo Ayetoto To ease growing scarcity of lower naira denominations particularly among small scale traders, The Central Bank of…
Naira rises 0.07% on Nigeria’s import/export FX window as money market upbeat
Trading activities at the Import & Export foreign exchange window of Nigeria currency market saw the naira appreciate by 0.07…
Nigeria’s equities index rallies 0.34% amid bank stocks underperforming globally
The Nigerian equities market continued its positive performance Wednesday with benchmark index gaining 0.34 percent to close at 37,138.97 points…
Nigeria’s central bank governor, finance minister bullish on naira, albeit investors’ loss of confidence
Some investors disagree that the naira’s troubles are over for good despite the increased confidence Nigerian officials have on the currency. Portfolio…
Nigerian naira cheap, undervalued by 14% at N360/$, RenCap says
The Nigerian naira, at the adjusted interbank foreign exchange rate of N360/$1, is seen as cheap and undervalued by as…
Nigeria naira outlook positive this week on 5.1% rise in FX reserve levels, CBN interventions
The Nigerian naira is projected to trade positive this week on growing reserves and central bank continued intervention, according to…
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