The Central Bank of Nigeria on Monday stepped up its fight to boost foreign exchange liquidity in the economy with a new circular mandating Deposit Money Banks to stop the use of foreign currencies as collateral for naira loans within 90 days.
Amid lingering headwinds, CBN plots new path to stability hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.
Uncertainty lingers over future of naira hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.
The Naira suffered further depreciation to a record low of N1,235 per dollar yesterday, following strong demand on the parallel market, also known as black
Economists outline ways to boost dollar supply amid naira freefall businessday.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessday.ng Daily Mail and Mail on Sunday newspapers.