Showing posts with label
currency
.
Show all posts
Showing posts with label
currency
.
Show all posts
Friday, July 21, 2023
Naira hits record low on black market ahead of central bank meeting
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Nigeria's naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its offi...
Thursday, June 8, 2023
Naira Drops to a Record Low
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Nigeria’s currency sank to a record low after the central bank auctioned dollars at a naira rate that was almost 30% weaker than on the tigh...
Friday, May 12, 2023
Naira hits record low after central bank adjusts spot rate
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The Nigerian naira hit a record low of 466 per dollar on the official market on Thursday, after the central bank weakened the currency on th...
Wednesday, February 22, 2023
54% of currency in Nigeria no longer in circulation
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Nigeria currently has about 1.39 trillion of its currency in circulation, after cutting off an estimated 1.6 trillion in just a month. This ...
Friday, January 27, 2023
Chaos in Nigeria as deadline on cash swap gets closer
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Nigerians, from all parts of the country, will enter this weekend agitated and confused over the currency redesign policy of the Central Ban...
Friday, January 6, 2023
Cash Withdrawals from Government Accounts to be banned in Nigeria
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Nigeria will ban cash withdrawals from government accounts from March 1. Modibbo Tukur , the chief executive of the Nigerian Financial Intel...
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