Naira appreciates to N435/$, as CBN injects $180m
The improving fortunes of the naira in the parallel market continued, Monday, as it appreciated to N435 per dollar due to declining demand for dollars.
Why there’s pressure on naira – Minister
The Minister of Science and Technology, Dr. Ogbonnaya Onu, yesterday said the penchant of Nigerians seeking foreign exchange to meet their needs is responsible for the pressure on the Naira.
CBN orders major forex market overhaul as Naira depreciates further
The Central Bank of Nigeria, CBN, has rolled out a new foreign exchange window to stem the tide of demand pressures which had battered the Naira in the unofficial foreign exchange market.
Naira’s free fall: NEC seeks urgent review of foreign exchange policy
Following the free fall of the Naira against the Dollar in the foreign exchange market, the National Economic Council, NEC, has asked the Central Bank of Nigeria, CBN, to urgently review its foreign exchange policy.
Our Naira cries at parallel market
The Naira has continued to depreciate at the parallel market in spite of the steady rise in the nation’s foreign reserves, newsmen report.
Fake Naira notes in circulation less than one percent — CBN
The Central Bank of Nigeria, CBN, said yesterday that only less than one percent of the Naira in circulation was fake.
