Naira continues to struggle
By CNBC Africa
23 January 2017 |
1:07 pm
The Naira continues to struggle, declining by one naira on the black market over the weekend.
In this article
Related
21 Jan 2021
Properties worth 32.12 Billion Naira destroyed in 2020 - Fire Service
3 Feb 2021
The international market for rare archaeological artefacts can be extremely lucrative, providing a huge incentive for looters keen to get rich quick. In recent years, wars and instability in Syria, Iraq, Libya and Egypt have seen priceless artefacts plundered. They have later turned up on the global art market. It then falls to specialist teams to sort the legitimate items from the stolen ones. Our colleagues at France 2 report, with FRANCE 24's James Vasina.
16 Feb 2021
Nigeria’s antinarcotics agency, the NDLEA, appears to have been invigorated by the appointment of Mohammed Buba Marwa as its new chief executive, as the agency has made multiple drug busts and seized narcotics worth over ₦60 billion in the past month.
17 Feb 2021
The Central Bank of Nigeria floated an OMO auction on Thursday with a total of 170 billion naira on offer. Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.
1 Mar 2021
Benin fire: Section of Oregbeni market road, goods worth millions of Naira destroyed
1 Apr 2021
A total of N30 million naira has been donated by the Nigeria Governors' forum, to the victims of Katsina Central market.
14 Apr 2021
Properties worth millions of naira have been destroyed by rainstorm in Ilorin, Kwara state capital.
15 Jun 2021
The House of Representatives has urged the Central Bank of Nigeria to put proper measures in place to aid stability of naira.
26 Jun 2021
Here are a few reasons to pick up a copy of The Guardian on Sunday. Find these stories and much more when you grab a copy of The Guardian on Sunday.
5 Aug 2021
Kidnappers are demanding a ransom of one million naira each to release around 80 children snatched from a boarding school in northern Nigeria last month, according to a pastor involved in the negotiations for their release.
3 Sep 2021
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
7 Sep 2021
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
Clashes between the Congolese armed forces and the M23 militia group have sent thousands of people over the border to Rwanda seeking shelter. Meanwhile, the UK and Rwanda are to settle 50 undocumented migrants who arrived on British shores in the Rwandan capital Kigali; we take a closer look. And Zimbabwe wants to sidestep international conventions to sell its $600 million stockpile in black market ivory – not without controversy.
1 day ago
The Russia House in Davos has always sold the Russia story to global investors, but now it's having to tell a rather bitter truth. In the absence of Russians, Ukraine is making sure Moscow's excesses are not forgotten.
1 day ago
A wave of protests swept across Iran as people went online to express their opposition to the death penalty given to three young Iranians for taking part in demonstrations last year.
1 day ago
The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong international mobilisation" will save the lives of millions of people. Also in our update from Davos: EU member states move towards an embargo on Russian oil, but with no consensus on the timeline.
1 day ago
Over two thirds of young Colombians say their lives have got worse over the past year, which saw a fierce crackdown on anti-government protests in a country still recovering from five decades of conflict. Six years after the peace deal with the FARC rebels, many young people are backing the former mayor of Bogota, Gustavo Petro, in the May 29 presidential election. If he wins, Petro would become Colombia's first-ever leftist leader. In this special edition of Inside the Americas, we meet several young Colombians who are hoping for change.