Nigerian Naira (NGN)

The Times of India  Mar 23  Comment 
AFRICAN-CURRENCIES/ (WEEKAHEAD):WEEKAHEAD-Kenyan shilling seen stable, Nigeria's naira to strengthen
The Times of India  Mar 23  Comment 
NIGERIA-ZENITH BNK/:Zenith Bank shelves plans to raise 100 bln naira due to weak economy  Sep 9  Comment 
Read full story for latest details.
Financial Times  Aug 8  Comment 
Black market measure of Nigerian currency 25% weaker than official measure
Wall Street Journal  Jun 20  Comment 
Nigeria’s currency plummeted more than 40% against the dollar on Monday, the latest sign that low crude prices continue to disrupt the economies of some major oil-producing nations.
Clusterstock  Jun 20  Comment 
The Nigerian naira fell off a cliff on Monday morning after the Central Bank of Nigeria removed the currency's peg to the dollar. The move was an attempt to devalue it in response to tumbling oil prices. As trading opened for the day, the...
Financial Times  Jun 15  Comment 
Switch to market-driven currency system amid economic crisis and dollar shortage
BBC News  Jun 15  Comment 
Nigeria plans to allow the embattled naira to trade freely against the dollar in a bid to control a currency crisis.  Jun 1  Comment 
Legatum Institute index says Nigeria – Africa’s biggest economy – is only the 26th most prosperous African country, as fuel shortages hamper growth Decades of economic growth across Africa have failed to improve the lives of millions of...
BBC News  May 25  Comment 
Nigerian MPs summon the finance minister and central bank governor to brief them on proposals to ease the economic crisis by devaluing the currency.


The chart at left shows the USD/NGN currency pair; the number of Nigerian Naira equivalent to 1 U.S. Dollar (USD).

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