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Naira

27 Feb 2017
Nigeria's local currency the naira, rallied to 460 to the dollar last Friday, its highest level in more than 3 months. The currency got a boost from the Central Bank of Nigeria which sold 221 million dollars to 16 banks last week.
15 Feb 2017
FG rakes In N52 Trillion naira In 18 Months In Treasury Single Account.
13 Feb 2017
Nigeria's local currency, the naira, is now trading at an all- time low of 503 to the US dollar, as the forex scarcity bites harder.
31 Jan 2017
The NSE All Share Index ended lower again today as results trickle in and the naira hit 500 to the dollar yesterday. Ibinabo Princewill, Senior Associate, Research, Planet Capital joins CNBC Africa to discuss this and review the trading day.
23 Jan 2017
The Naira continues to struggle, declining by one naira on the black market over the weekend.
9 Jan 2017
Nigeria's Debt Management Office says it plans to sell up to 430 billion naira in local currency bonds in the first quarter of 2017.
2 Sep 2016
With the current economic slump, Nigerian manufacturers now have an advantage over foreign producers as locally produced goods, though seemingly expensive, will not cost as much as their imported counterparts.

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