Naira

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…

Naira exchanges at N359 to dollar at parallel market

The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and…

CBN to defend reserves in wake of N9bn UK court ruling says Emefiele

Nigeria’s central bank will strive to protect the country’s currency reserves after a British court ruling granted a small natural…

Naira closes at N359.3 to dollar at parallel market

The Naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos. The pound sterling…

Naira closes at N362.57 to dollar at investors window

The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window…

Analysts forsee medium term naira instability as pressure on recurrent expenditure resurfaces

The ability to maintain the long-term stability of the naira has begun to stir concerns of investors who have expressed…

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