Nigeria restarts cash transfers to cushion hardship caused by reforms
The government has also pledged additional support.
Nigeria’s naira hits record low on black market ahead of central bank meeting
Nigeria’s naira traded at a record low of 860 per dollar on the black market on Thursday, according
Nigeria levies $598 mln from banks via cash ratio debit ahead of FX auction
Nigeria’s central bank has collected 216 billion naira ($598 mln) from banks with excess cash
Nigeria seeks $2.36 bln in domestic loans; external markets unfavourable
Nigeria’s President Muhammadu Buhari is seeking approval to borrow 850 billion naira ($2.36 billion)
Nigeria offers longer-term naira contracts to lure investors, shore up FX reserves
Nigeria’s central bank has introduced longer-term contracts on the naira in a move to attract more
Life gets tougher for Nigerians and may stay that way
Life is getting tougher for Nigerians. Inflation hit its highest level since 2005 in January,