Tag: naira

LAGOS - Nigeria plans to raise 95 billion naira ($476 million) by selling sovereign bonds with maturities ranging between 5 and 20 years on March 11, the Debt Management Office ...

Indications emerged on Friday that banks in the country may consider retrenchment and other cost-cutting measures if nothing concrete is done to arrest the free fall in the value of ...

LAGOS - The Naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs) segment of the official market. It also depreciated ...

Naira on Thursday weakened against the US dollar after the Central Bank of Nigeria (CBN) closed Retail/Wholesale Retail Dutch Auction System (RDAS) and (WDAS). Consequently, the value of the nation’s ...