
Naira







The key steps taken by the Central Bank of Nigeria (CBN) have helped to stabilise the naira against the dollar and increase Nigeria's foreign exchange reserves.

The introduction of the Electronic Matching System by the Central Bank of Nigeria has enabled the naira to gain against the US dollar in the foreign FX markets.

The Nigerian currency, the naira, continues to perform strongly against the US dollar in the foreign exchange markets and traders are expecting more dollar crashes.

The Central Bank of Nigeria's (CBN) new Electronic Foreign Exchange Matching System (EFEMS) is helping the naira's performance in the foreign exchange market.

The Central Bank of Nigeria (CBN) has adjusted the Customs duty rates downward from N1,588.29 per dollar to N1,533.26 following naira's gains against the USD

The National Bureau of Statistics has revealed that the cost of rice and beans has increased across the country, leaving families with a greater financial burden.

A Nigerian lady has expressed sadness on social media over the effect of the recent naira appreciation on her finances. She had bought dollars at N1,790.

Following the massive gains of the naira against the US dollar, the Central Bank of Nigeria (CBN) has reduced the exchange rates for cargo clearance.

The Central Bank of Nigeria (CBN) has released a list of phone numbers and emails for Nigerians to report cash scarcity experienced across states.
Naira
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