Naira Gains On Rising Supply, Clearing Of Backlog
The Central Bank of Nigeria (CBN) recently said all valid foreign exchange backlogs of around $7 billion have now been ...
Tag: Naira
Naira Will Continue To Stabilise, Says VP Shettima
Vice President Kashim Shettima, on Tuesday, sought to allay economic concerns, declaring that "the worst is over" for Nigeria's currency ...
JUST-IN: BDCs Not Selling Dollar At N1,000/$1
Contrary to social media reports making the rounds on Facebook and X (formerly Twitter), claiming that a US Dollar was ...
Naira Gains 12% In 5 Days As FX Inflow Rises To $1.5bn
Following the announcement by the Central Bank of Nigeria(CBN) that it had cleared all valid foreign exchange backlog, the value ...
FG Approves Measures To Strengthen Naira, Support Business
President Bola Tinubu has unveiled a series of interventions to stabilise the national currency. Presidential spokesman Ajuri Ngelale disclosed this ...
Naira Gains 10% To N1,382/$ 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 ...
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 ...
