To Make Naira Stable Won’t Be Easy – CBN Gov Reveals Amidst Inflation
According to the Central Bank of Nigeria (CBN), efforts are being made by the top bank to attain a steady foreign exchange (FX) rate. This was said by CBN governor…
According to the Central Bank of Nigeria (CBN), efforts are being made by the top bank to attain a steady foreign exchange (FX) rate. This was said by CBN governor…
Notwithstanding efforts by the Economic and Financial Crimes Commission (EFCC) to curtail the operations of suspected manipulators and speculators, the naira maintained its downward spiral on Tuesday, reaching N1,825 to…
The US dollar continues to weaken the value of the Nigerian naira, which as of Thursday hit a fresh low of N1,355 on the black market. Five months have passed…
Two months after the Central Bank of Nigeria floated the Naira, the country’s currency is still falling precipitously against the dollar, which has made the problems facing Africa’s largest economy…
The naira’s value has gotten worse, according to research by Newsmen, as a result of the growing disparity between the supply and demand of dollars in banks and on the…
According to Newsmen, the naira has recovered 20.8 percent to 720/dollar in the parallel market. The move happened two weeks after the local currency was under tremendous pressure on the…
Ayodele Adewale, a supporter of Bola Tinubu, the All Progressives Congress, APC, candidate for president in the 2023 election, asserted that Tinubu might make the naira comparable to the US…