Tag: Nigeria central bank
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Nigeria central bank allows naira to weaken 2% to record low
Nigeria's central bank allowed the naira to drop about 2% on the official market to a record low on Wednesday, but the currency's rate...
Nigeria’s central bank extends deadline to turn in old naira notes
Nigeria's central bank will extend by 10 days a deadline for swapping old naira currency notes, it said in a statement on Sunday.
Nigerians will...
Nigeria to reschedule $53 billion in loans to cope with downturn
Nigeria will restructure a total of 23.7 trillion naira ($53 billion) in short-term loans owed to its central bank to 40-year debt at 9%...
Nigeria central bank increases withdrawal limits aimed at curbing cash
Nigeria's central bank on Wednesday substantially increased limits it had set on weekly cash withdrawals as part of an effort to curb the use...
