CBN - Central Bank Of Nigeria
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Independent Media and Policy Initiative praised the rapid recovery of the naira against major global currencies over the past few days, crediting it to FG and CBN.
The price of flights from Nigeria to other countries has significantly decreased since the naira's appreciation which has continued into the new week.
The Central Bank of Nigeria (CBN) has disclosed that Nigerians keep over N3 trillion in homes as currency in circulation has hit the highest since February.
A Nigerian man has asked the reason why the cost of goods such as rice is not going down as the dollar exchange rate is also crashing in the country.
The naira strengthened by 1.78% to settle at N1,382.95 to the dollar on Monday, according to FMDQ statistics, from its previous closing of N1,408.04/$1.
A Nigerian man has cried out as the price of the dollar crashed below N1300, according to CBN's guidelines to BDCs. The man said he bought a dollar at N1800.
The benchmark interest rate was increased to 24.75 percent by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) by 200 basis points.
The Central Bank of Nigeria (CBN) has again set new exchange rates for cargo clearance at Nigerian ports following the appreciation of the naira.
CBN - Central Bank Of Nigeria
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