Naira Gains 10% To N1,382/$ After CBN Clears Forex Backlog
Following the clearing of all valid foreign exchange backlogs by the Central Bank of Nigeria (CBN) on Wednesday, and increased ...
Tag: Naira
Naira Gains To N1,560.57/$1 At Official FX Market
The Naira strengthened on the official market N1,560.57 to the dollar, driven by foreign exchange (FX) reforms. The summary of ...
Ending Nigeria’s FX Crisis Depends On Solving Institutional Challenges – Analysts
Economists and financial analysts have criticised the forecasts by analysts at Goldman Sachs Group Inc, Citigroup Inc. and Standard Chartered ...
Gas Fuel Option Beckon As Naira Depreciation Erodes Petrol Subsidy Gains
Torrents of crash of Nigeria's currency is a sour point in the policy to drive efficiency and loss of confidence ...
Stimulate Exports To Benefit From Naira Float, UK Don Urges FG
A Professor of Economics at the London School of Economics, the United Kingdom, David Luke has urged the Nigerian government ...
Naira Value Dips As External Reserves Rises To $34.11bn
The value of the naira dipped by 4.9 per cent last week closing at N1,627.40 to the dollar despite increased ...
PMS Landing Cost Hits N1000 Mark
The torrential fall of the Naira which has turned the petroleum supply chain into a quagmire is fast eroding the ...
What’s The Naira Worth?
I don’t envy the Governor of Nigeria’s Central Bank (CBN), Yemi Cardoso, who appears to be having the most difficult ...
Stop Capital Flight, Heal The Naira
It is an inexorable fact that the strength of a country’s economy, its prosperity and standing in international affairs, can ...
NAFEM: Forex Inflow Rises By 11.7% As Naira Weakens To N1,571/$
Inflow at the Nigeria Autonomous Foreign Exchange market (NAFEM) soared yesterday by 11.7 per cent to $192.25 million as the ...
