Tag Archives: Dollar

FG Restates Commitment To Stabilize Naira, CBN Targets N200/Dollar

  The Federal Government has restated its commitment to stabilize the country’s currency against the dollar. Minister of State (Industry, Trade and Investment), Hajiya Aisha Abubakar, who was speaking at the opening ceremony of the 37th Kaduna International Trade Fair, tagged “Promoting Solid Minerals Sector for Sustainable Economic Development in Nigeria,” said government was committed…

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Nigeria’s Naira Records A New Low Of 183.05 Against The US Dollar

Nigeria’s Naira touched a new record low of 183.05 against the US Dollar Monday, driven by concerns over a sustained low oil price and expectations foreign investors would demand more dollars to pull out of local assets, dealers said. The currency was trading down 2.4 percent from Friday’s closing level. According to Reuters and TheWill Nigeria,…

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