English>

Market News

Nigeria Central Bank Readies Naira Defense as War Shakes Markets - BLOOMBERG

MARCH 13, 2026

By  

Nigeria’s central bank has prepared contingency measures to stabilize the naira if it comes under pressure, as investors dump riskier emerging-market assets because of the crisis in the Middle East.

The bank is “ready to step in and smooth the market as much as possible,” Deputy Governor Muhammad Sani Abdullahi said in an interview in Abuja, the capital, on Thursday.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics