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The Central Bank of Nigeria (CBN) has said it spent N96.46 billion to print and distribute new naira notes in 2022. The apex bank made this known in its recently released audited financial statement ...

The Nigerian Naira struggles against the US dollar due to a significant drop in US dollar liquidity, while bitcoin nears its All-Time High levels. Factors like forex market reforms and increased ...

The Nigerian Naira ... rate somewhat stable, even as parallel market rates soared. From ₦21.90 in 1993, the official rate hit ₦84.70 by 1998. RECOMMENDED: 7 most corrupt leaders and how much ...

Nathaniel Luz, founder of Flincap, however, does not think valuation adjustments should be made based on the naira’s troubles. “One good thing with devaluation is that the Naira is now ... while many ...