nigeria's currency

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    Politics President Buhari Speaks on Naira Devaluation

    President Muhammadu Buhari has once again throw his back against the devaluation of Nigeria's currency. Buhari insisted that he is yet to be convinced that the vast majority of ordinary Nigerians will derive any tangible benefit from naira devaluation. Presidential spokesman Femi Adesina...
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    Business Nigeria's Naira Firms Against Dollar

    Nigeria's naira strengthened 1 percent against the dollar on Monday in the forward market after the country's central bank raised interest rates by 100 basis points to 12 percent. One-month dollar/naira forwards were bid at 205 after the rate rise compared to around 207 earlier, Thomson Reuters...
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