Nigeria Naira Plunges to Record Low, Falling for 9th Straight Year
Nigeria’s currency plunged to a record in the spot market on Friday, narrowing the gap with the rate that investors...
- Saturday, May 25, 2024
BusinessDay
Nigeria’s currency plunged to a record in the spot market on Friday, narrowing the gap with the rate that investors...
The Central Bank of Nigeria (CBN) sold $401 million on the interbank market at 198 to the naira last Friday to...
Dealers pulled the plug on electronic trading in the naira currency on Wednesday after it slid past the key level...
Fluctuations in the nation’s currency and restructuring costs are holding back the growth of Dangote Flour Mills plc (DFM), a...
The Central Bank of Nigeria’s (CBN) supply of $300 million at the bi-weekly Retail Dutch Auction (RDAS) could not lift...
