Subsidy Removal, Naira Float Push Inflation To 24.08%
Headline inflation rate for the month of July 2023 increased to an all-time high of 24.08 per cent compared to ...
Tag: Naira
Naira Depreciation: Operators Lament As 6 Firms Lose N179.56bn
Six Consumer Goods Companies listed on the Nigerian Exchange (NGX) Limited have posted a total net loss of N179.561 billion ...
Naira Now Undervalued After Free Float – Bank Of America
The Bank of America (BoA) has said the it sees the value of the naira settling at N680 to the ...
Tinubu Begins Monetary Policy Reforms, Floats Naira
In line with President Bola Ahmed Tinubu’s promise to carry out monetary policy reforms, particularly to ensure a single exchange ...
Naira Falls 1.02% After Closing Steady For 7 Days At Official Market
Nigeria’s currency yesterday depreciated by 1.02 per cent (N4.83/$1) at the Investors and Exporters (I&E) forex window, Nigeria’s official foreign ...
Nigeria’s Trade Relations With The United States: How DXY Impacts The Nigerian Naira
Nigeria has long-standing trade relations with the United States. These relations have been affected by numerous factors, including political instability, ...
Supreme Court Labels Buhari Dictator, Extends Old Banknotes’ Lifespan
The Supremo Court has described President Muhammadu Buhari as an autocrat and a dictator over his disobedience of their temporary ...
As Naira Black Market Booms: CBN’s Silence Throws Nigerians Into Confusion
The Central Bank of Nigeria's silence on its position in the Naira swap policy has thrown the country into confusion, ...
Naira Scarcity: SNM Condemns Outbursts Against CBN Gov, Threatens Court Action
The Save Nigeria Movement (SNM) has demanded an urgent retraction and apology from Governors Nasir el-Rufai of Kaduna state and ...
Naira Redesign: ATMs Still Dispensing Old Notes 13 Days After Rollout
Thirteen days after the release of the newly redesigned N200, N500 and N1,000 notes and with 34 days before the ...
