Naira

‘Nigeria’s Naira Best Performing Currency Globally’

April 21, 2024Admin

THE Central Bank of Nigeria (CBN) governor Yemi Cardoso says the apex bank’s FX reforms have made the naira the best-performing currency globally. Nigeria’s currency lost massively against major currencies in the past few months. But Cardoso who spoke on Saturday in a briefing on the sidelines of the just-ended World Bank/IMF Spring Meetings […]

Foreign Airlines Fear $200m Loss Over Currency Depreciation in Nigeria

February 9, 2024Admin

The International Air Transport Association, the Geneva-based trade association representing world airlines, has expressed fears that foreign airlines operating in Nigeria, may lose about $200m to exchange rate depreciation. IATA Regional Vice-President for Africa and the Middle East, Kamil Al Awadhi, said the issue of trapped funds was being exacerbated by the depreciation of the […]

Tag: Naira

‘Nigeria’s Naira Best Performing Currency Globally’

Foreign Airlines Fear $200m Loss Over Currency Depreciation in Nigeria

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