Search

Naira Continues Slide Ahead of Central Bank Meeting

  • Naira falls in both official and parallel markets.
  • Eurobonds see increased yields as investors await the Central Bank’s MPC decision.

 

Abuja, Nigeria – Nigeria’s naira slumped in both official and parallel markets just days before the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting next week.

Recent Business

Gold bars. Photo by Jingming Pan @ Unsplash
Sudan's $1.8bn gold boom defies war, boosts forex and investor confidence
Read More »
Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana targets $630mn treasury bills as central bank unveils $1bn FX support
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Mali recovers $1.2bn from mining giants in sovereignty push
Read More »

Recent Politics

US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »
don-jackson-wyatt-sbhubyl7lWI-unsplash
US launches deadly airstrikes against terrorist groups in Nigeria
Read More »
African election. Photo by Mikhail Nilov @ Pexels
East Africa’s electoral bodies face credibility test over disputed polls
Read More »

Latest Posts

Latest news insights