Naira falls as external reserves decline by $3.4bn
Naira fell against the dollar across foreign exchange (FX) markets on Friday as pressured external reserves declined by $3.42 billion...
- Sunday, June 21, 2026
BusinessDay
Naira fell against the dollar across foreign exchange (FX) markets on Friday as pressured external reserves declined by $3.42 billion...
The Central Bank of Nigeria (CBN) on Friday ordered Deposit Money Banks to load the new naira notes on their...
The banking industry battled several macroeconomic headwinds, including interest rate hikes, high inflation and foreign exchange shortages, but it remained...
With 26 days to the deadline given to Nigerians to deposit their old notes, the Central Bank of Nigeria (CBN)...
The Federal Government’s exchange rate benchmark of N435.57 per dollar is unrealistic and may lead to a loss of revenue,...
On Wednesday, the Central Bank of Nigeria (CBN) explained that Polaris Bank’s divestment was supervised by a divestment committee comprising...
Naira on Wednesday depreciated against the dollar across official and parallel foreign exchange (FX) markets. After trading on Wednesday Naira...
Nigeria’s Foreign Exchange (FX) market resumed for the new year on Tuesday, with Naira gaining against the dollar at official...
Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via its...
The Central Bank of Nigeria (CBN) and the Bankers’ committee have maintained focus on the development of the local manufacturing...