Tag: Naira

Nigerians call for CBN Governor’s Resignation as Naira exchanges @ N670 to 1 dollar

Nigerians are calling for the resignation of the Governor of the Central Bank, Godwin Emefiele. Majority of the masses are growing weary of the continuous rise of the Naira, in relation to the US Dollar. The call for his resignation is coming after the Naira fell further in […]

Again CBN ‘Devalues’ the Naira

As part of measures to converge the nation’s multiple exchange rates and ensure stability, the Central Bank has again devalued the Naira, to exchange at the rate of N381 per dollar. Based on data obtained on the website of FMDQ OTC, Securities Exchange on the CBN official rate […]