Naira

Nigeria’s currency, the Naira, is overvalued, says IMF

  The International Monetary Fund (IMF) says Nigeria’s currency, the Naira is overvalued at the official market by about 18.5 per cent, advising...

Nigeria’s exchange rate remains stable -CBN

The Central Bank of Nigeria has denied allegations of changes in Nigeria’s exchange rate. ” There has been NO change in Nigeria’s exchange...

Ahead of 2019 elections, CBN to spend $53billion to defend naira

…..Says it could increase items on forex restriction list to 50 The Central Bank of Nigeria (CBN) said over the weekend that it...

Adeosun: Naira will Continue To Get Stronger

[dropcap]T[/dropcap]he Naira has every reason to keep rising says minister of finance Kemi Adeosun. The minister on Thursday said there’s no significant risk of...

UBA Increases International Spend Limit on Naira Cards to $2000.

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its...