Naira

Nigerian stocks drop by 1.16% in 2 wks as investors take profit

Nigerian stocks slipped for the first time in two weeks after some investors decided to book profits from a rally…

Nigeria’s naira lost 99.7% value in 44 years

The Nigerian currency, the naira, has historically lost value of up to 99.7 percent relative to the United States dollar…

Falling oil revenues, CBN support for naira deplete reserves to $30.49bn

*Reserves fell 0.89% in a month Nigeria's foreign exchange reserves fell by 0.89 percent to $30.49 billion on May 25, 2017…

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