Tag: naira

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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The Journey To End Defacing Of Nigerian Naira – Central Bank Of Nigeria.

defacing of nigerian naira

Nigerians woke up to the news that the Central Bank of Nigeria has given a verdict that mobile courts will start to sentence people to jail for hawking; spraying money in ceremonies amongst others. This has become a…



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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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