naira depreciation

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Crypto enthusiasts warn against naira trade ban on exchanges

blockchain technology crypto assets crypto trading Cryptocurrency regulation financial stability International Standards naira depreciation Nigeria crypto ban Nigerian SEC

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Due to the rapid decline of the naira and the resulting almost three-decade-high… More…

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Nigerian Central Bank Refutes Claims It Plans to Redenominate the Naira in 2024

Africa Central Banks currency redenomination Fiat Money naira depreciation

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The Nigerian Central Bank has denied claims in a widely circulating… More…

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Report: Nigerian Central Bank Sued for Dollarizing Economy

Africa Central Bank of Nigeria (CBN) Devaluation dollarization Femi Falana naira depreciation US dollars

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In a lawsuit filed by a Nigerian human rights activist, the country’s… More…

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Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued

Ari Aisen Central Bank of Nigeria (CBN) Economic Intelligence Unit Economics Exchange rate excv Folashodun Shonubi IMF naira depreciation

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The Nigerian currency continued its slide versus the greenback when… More…

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Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges

Africa Bola Ahmed Tinubu Bureaux de Change Central Bank of Nigeria naira depreciation naira devaluation naira parallel market US dollars

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The exchange rate of the Nigerian currency versus the greenback recently… More…

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Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

cash withdrawals Central Bank of Nigeria (CBN) naira banknotes naira depreciation News withdrawal limits

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In a new directive to financial institutions, the Central Bank of … More…

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