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FG seeks $10bn to stabilise exchange rate as naira tumbles - Vimarsana News

FG seeks $10bn to stabilise exchange rate as naira tumbles

Published: February 21, 2024

The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell to an all-time low of 1,850 per dollar at the parallel market.

Source: punchng.com
Related Topics:
Abuja Federal Capital TerritoryBola TinubuStanley NkwochaIbrahim TauraKashim ShettimaNigerian Autonomous Foreign ExchangeCentral BankMinistry Of Finance IncorporatedMedia CommunicationsNigerian Federal GovernmentVice President Kashim ShettimaPublic Wealth Management ConferenceFinance IncorporatedSenior Special AssistantFederal GovernmentWuse ZoneNigerian Autonomous Foreign
Naira gains at official market, weakens to N1500/$ parallel market - Vimarsana News

Naira gains at official market, weakens to N1500/$ parallel market

Published: February 14, 2024

The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$.

Source: punchng.com
Related Topics:
United StatesAbuja Federal Capital TerritoryBola TinubuIbrahim TauraNuhu ZakariBureau DeNigerian Autonomous Foreign Exchange MarketNigerian Autonomous Foreign ExchangePresident BolaBureau De Change