Tag: central bank

Defending Naira: Nigeria foreign reserves fall by $2.1bn in 30 days.

nigeria foreign reserve

Nigeria’s foreign exchange reserves have declined by $2.15 billion in the last 30 days, as the Central Bank of Nigeria (CBN) position itself in defense of the naira. Since the United States Federal Reserves raised interest rates on…



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Nairabarter.com – Get Your Daily Exchange Rates In Naira.

Introducing Nairabarter

The word “Foreign Exchange” is a very popular term in Nigeria, especially among business people and travelers. Based on its population, the foreign exchange market in Nigeria is one of the biggest in Africa. In 1995 the Central…



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