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Big question as Naira gets more muscle
via sunnybryan.blogspot

The naira – Nigeria’s currency is gradually regaining its lost glory. Its recovery became obvious after it regained over N90 against the dollar at the parallel market within a week. The naira assault against the dollar is likely to continue this week...
Forex: CBN throws Naira into open market, nullifies N197/$ exchange rate
via infodelight

ABUJA — The Central Bank of Nigeria, CBN, yesterday, announced a flexible exchange rate regime aimed at making foreign currencies more accessible. With this action, the CBN has nullified the official exchange rate regime of N197/dollar. The CBN took...
CBN finally nullifies N197 per one dollar exchange rate , throws Naira into open market
via abelabel

The Central Bank of Nigeria, CBN, yesterday, announced a flexible exchange rate regime aimed at making foreign currencies more accessible. With this action, the CBN has nullified the official exchange rate regime of N197/dollar. The CBN took the measure...
CBN adopts a flexible exchange rate adjustment strategy
via upshotreports

Last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, announced that instead of the fixed exchange rate strategy the CBN had decided to adopt a more ‘flexible exchange rate policy’ for the naira. All nine members of the bank...
CBN releases new forex rules as Stocks Surge
via robminds

The Nigeria stock market, yesterday, gained N294 billion in reaction to the decision of the Central Bank of Nigeria, CBN, to allow market forces determine the Naira exchange rate in a new single structured foreign exchange market. CBN Governor, Godwin...