Tag: Nigeria
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Fuel and cash shortages rile Nigerian voters heading into election
At a fuel station in Nigeria's commercial capital, tempers flare and harsh words are exchanged as motorists wait in line for hours to fill...
Nigeria’s bonds tumble after Moody’s rating downgrade
Nigeria's government bonds fell heavily on Monday after ratings agency Moody's downgraded the West African oil producer late on Friday to Caa1 from B3,...
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 sees US$4.3 billion of cash returning to banks on currency notes redesign
The Central Bank of Nigeria expects at least 2 trillion naira ($4.3 billion) of cash to return to banks by January 31 when the deadline...
Nigeria’s inflation dips in December after 10 months of increases
Annual inflation in Nigeria dipped in December to 21.34% after 10 straight monthly increases, the statistics bureau said on Monday, ahead of a central...
