NAIRA DEPRECIATION

Sep 11, 2024

Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users' Bank Accounts

The anti-graft agency believes these the affected users manipulated the Nigerian currency (naira) through their trading activity.

Aug 23, 2024

Nigerian Firms Forecast Further Naira Depreciation

Jul 20, 2024

Nigeria Acts to Defend Naira After Currency Hits New Record Low

Jun 30, 2024

Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

Nov 2, 2023

Nigerian Central Bank Refutes Claims It Plans to Redenominate the Naira in 2024

Aug 30, 2023

Report: Nigerian Central Bank Sued for Dollarizing Economy

Aug 11, 2023

Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued

Jul 21, 2023

Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges

Dec 8, 2022

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

Nov 10, 2022

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

Nov 5, 2022

Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End

Oct 31, 2022

Nigeria's Central Bank Doubles Down on Plans to Introduce Newly Designed Naira Banknotes

Oct 29, 2022

Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

Oct 21, 2022

Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023

Oct 6, 2022

Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar

Oct 3, 2022

Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

Sep 28, 2022

Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

Sep 6, 2022

Nigerian Presidential Candidate Says Fixed Exchange Rate Regime 'Has to End' — Touts Success of Fintech Unicorn Flutterwave

Aug 25, 2022

Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes

Aug 14, 2022

Binance CEO's Warning About Wazirx Wallets, Nigerian EFCC on Naira Depreciation, O'Leary Buys the Dip — Bitcoin.com News Week in Review

Aug 9, 2022

Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira's Rapid Depreciation

Aug 5, 2022

Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings

Aug 4, 2022

Speculators and Crypto Traders Blamed for Naira's Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start

Aug 2, 2022

Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed

Jul 30, 2022

Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators

Jul 7, 2022

Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

Apr 12, 2022

Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months

Nov 17, 2021

Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch

Oct 12, 2021

Nigerian Vice President Says Current Naira Exchange Rate 'Artificially Low'