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CBN devalues naira

Naira Ends Week With Marginal Gain Against Dollar

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

The Central Bank of Nigeria (CBN) has finally devalued the naira, Prime Business Africa gathered from FMDQ Exchange on Wednesday night. According to FMDQ Exchange, which is the official market foreign exchange aggregator, the dollar closed at N664.04/$1. The dollar rate was

June 14, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

CBN Devalues Naira, Orders Banks To Sell Dollar, Others At Market Determined Rates

The Central Bank of Nigeria (CBN) has reportedly directed Deposit Money Banks (DMBs) to sell dollars, euros and pounds at market-determined rates. According to a report by Nairametrics, the CBN has decided to allow Nigeria’s foreign exchange markets to operate a freely

June 14, 2023

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CBN devalues naira

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

CBN Devalues Naira, Orders Banks To Sell Dollar, Others At Market Determined Rates

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CBN devalues naira

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