According to the News Agency of Nigeria (NAN), the Central Bank of Nigeria (CBN) maintained continuous reforms that resulted in a consistent appreciation of the naira...
The indicative exchange rate for NAFEM increased to N1,300.15 per dollar from N1,234.49 per dollar last Friday, according to data from FMDQ, suggesting an N65.66 devaluation...
I have identified six pillars to control or stop Naira abuse: Fight corruption because it is an enabler for abuse of the Naira. The incestuous relationship...
There should be long-lasting actions aimed at keeping the naira from speedy depreciation. Increased production and exportation is one trusted way of doing that. Others are...
The indicative exchange rate for NAFEM increased to N1,234.49 per dollar from N1,169.99 per dollar last Friday, according to data from FMDQ, suggesting an N64.5 depreciation...
The CBN deserves credit for its swift intervention. The naira's performance in recent weeks, which has seen it jump from the worst-performing currency to the best-performing...
"To be honest again, I think we should expect that there will be ups and downs, as well as occasional increases. Even from what you reported...
The indicative exchange rate for NAFEM increased to N1,169.99 per dollar from N1,154.98 per dollar on Thursday, according to data from FMDQ, suggesting a N15.01 depreciation...
According to the circular, the BDCs must offer their products at a margin of no more than 1.5% over the buying cost to qualified end customers.
Speaking at the ongoing IMF and World Bank Spring Meetings, Cardoso stated that his staff at the top bank is committed to fostering a foreign exchange...