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30% Naira devaluation spikes Nigeria's stampede for dollars

Nigerians’ stampede for dollars showed no sign of abating on Friday, with the naira falling to another record low even as the central bank announced newly nominated Governor Olayemi Cardoso will take over in an acting capacity. The currency was being quoted at 992 per dollar by street traders, according to the Forward Marketing Bureau | ....

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Shonubi: CBN Working with Banks to Clear FX Backlogs in Two Weeks

Shonubi: CBN Working with Banks to Clear FX Backlogs in Two Weeks
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