Dollar nears N1,500 as scarcity hits black market
Nigeria’s currency is teetering towards a record-low of N1,500 against the US dollar in the face of a severe dollar...
- Monday, June 22, 2026
BusinessDay
Nigeria’s currency is teetering towards a record-low of N1,500 against the US dollar in the face of a severe dollar...
Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), declared last Wednesday that the naira was undervalued. Two weeks...
The Nigerian foreign exchange (FX) market witnessed a historic drop in the value of the naira, reaching an unprecedented intraday...
Nigeria’s currency fell to a record low of N1,416 per dollar at the parallel market following strong demand amid shortage...
As part of efforts to enhance the financial inclusion drive of the Central Bank of Nigeria (CBN), i-invest, one of...
Despite the stringent policy measures implemented by the Central Bank of Nigeria (CBN), commercial banks in the country have witnessed...
The Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB) has re-elected Rasheed Bolarinwa of Polaris Bank as...
…CBN gov says naira undervalued, targets genuine price discovery …predicts lower inflation, stable naira in 2024 Key sectors in Nigeria...
… FG expects 3.67% GDP growth Inflationary pressures are expected to decline to 21.4 percent in 2024, driven by inflation...
…says Naira undervalued Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), expressed optimism about the country’s economic...