Naira Weakens at Official FX Market, Strengthens in Parallel Black Market - In a day of contrasting performances, the Naira fell by 1.48% in the official foreign exchange market on Wednesday, ...
Tuesday Trading Sees Naira Rising Against Dollar as FX Market Reopens -- In a positive turn of events on Tuesday, the Naira witnessed a noteworthy appreciation of 0.79 percent (equivalent to ...
Ayodeji Bakare’s “Cassava Solution” and a Rational Path Forward for Nigeria's Economy - In a recent viral video, Nigerian journalist Ayodeji Bakare was seen fervently advising President Bola Tinubu on the ...
Forex Shortage Threatens Petrol Importation in Nigeria - The much-anticipated benefits of the deregulation of Nigeria's downstream sector are yet to materialize. Oil marketers express growing concerns over their inability to ...
Forex Crisis Deepens: CBN Yet to Clear $10bn Debt, Naira Nears 1,000/$ - Despite promises made by the Central Bank of Nigeria (CBN) to clear over $10 billion in forex debts, ...
Nigerian Naira Struggles Amidst Weak Central Bank Reforms - In a year marked by significant financial upheavals, the Nigerian Naira stands out as one of the world's worst-performing currencies, with a ...
Naira's Record Plunge: CBN Postpones Rate Decision Amidst Policy Vacuum - Nigeria's currency, the naira, has hit an alarming low, depreciating to a record 1,050 per dollar on the parallel market. ...
CPPE Urges Nigeria to Rethink Complete Naira Floatation - The Centre for Promotion of Private Enterprise (CPPE) has made a compelling case against the complete floatation of Nigeria's currency, the naira. ...
Naira Plummets to Record Low of N980/$ Amidst Soaring Dollar Demand - In a startling development, the Naira plummeted to its all-time low, reaching N980 against the dollar in the black ...
Unraveling the Puzzle: Why Brent Crude's Rise Doesn't Boost the Naira - Brent Crude's price and its relationship with Nigeria's currency, the Naira, presents a fascinating economic riddle. Despite Brent Crude's ...