CBN devalues Naira to N380/$1 on exporters window – Daily Trust

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

CBN devalues Naira to N380/$1 on exporters window

The Central Bank of Nigeria has technically devalued the Naira exchange rate on the Investors and Exporters’ window from the N366.7 to N380.20 to a dollar.A management source at the CBN, who prefers anonymity, confirmed this to Daily Trust this evening.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus: CBN to monitor global markets in new financial markets situation room - Daily Post NigeriaThe Central Bank of Nigeria (CBN) has assured Nigerians that it will continue to monitor all developments on the COVID - 19 infections and design
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Coronavirus: CBN to inject 1 trillion into Nigeria's economy - Daily Post NigeriaThe Central Bank of Nigeria (CBN) has announced its decision to increase its intervention in boosting local manufacturing and import substitution by Give 50% to all our health and safety workers And how much have been injected to the economy because of starvation and hunger that has been killing Nigerians? Make them chop oo but help us this time
Source: DailyPostNGR - 🏆 11. / 59 Read more »

COVID-19: CBN to inject N1trn to reflate economy – Daily TrustHealth sector to get additional N100bn Barely 48 hours after it announced a six-point palliative to ameliorate the continued impact of the coronavirus on the nation’s economy and supply chains, the Central Bank of Nigeria (CBN) yesterday hinted of its plans to provide another N1trillion intervention fund to support key sectors of the economy …
Source: Daily Trust - 🏆 13. / 51 Read more »

Agric stakeholders laud CBN over slashed interest rates – Daily TrustStakeholders in the agricultural sector have applauded the Central Bank of Nigeria (CBN) over the slashing of interest rates on intervention funds from nine to five per cent, saying the gesture will increase the incomes of many beneficiaries and scale up the wealth of many start-ups in the country. The Chairman of the Nigerian Apiculture …
Source: Daily Trust - 🏆 13. / 51 Read more »

Coronavirus: CBN to inject N1trn stimulus package – Daily TrustBarely 48 hours after the Central Bank of Nigeria (CBN) unveiled a six-point palliative to ameliorate the continued impact of the coronavirus (COVID-19) on the Nigerian economy and supply chains, the apex bank has announced it is raising the intervention to N1trillion. Even Corona Virus is cause by corruption~MAGU not me cenbank Taking their chance to strip our economy naked... Opportunists indeed!
Source: Daily Trust - 🏆 13. / 51 Read more »

Coronavirus: CBN to inject N1trn stimulus package – Daily TrustBarely 48 hours after the Central Bank of Nigeria (CBN) unveiled a six-point palliative to ameliorate the continued impact of the coronavirus (COVID-19) on the Nigerian economy and supply chains, the apex bank has announced it is raising the intervention to N1trillion. Even Corona Virus is cause by corruption~MAGU not me cenbank Taking their chance to strip our economy naked... Opportunists indeed!
Source: Daily Trust - 🏆 13. / 51 Read more »