naira

‘It changes nothing.’ Nigerians unimpressed with redesigned banknotes
World

‘It changes nothing.’ Nigerians unimpressed with redesigned banknotes

Abuja, Nigeria CNN Business  —  Nigerians have criticized the “redesigning” of the country’s local currency proposed by its central bank…
Nigeria to abandon naira peg in favour of open market trading
Business

Nigeria to abandon naira peg in favour of open market trading

Nigeria's central bank said on Wednesday it would begin "purely" market-driven foreign currency trading next week, abandoning its 16-month peg…
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