Devaluation’s drum beats louder
Africa’s biggest economy is again reacting to this crisis the same way it did in the past as she failed ...
Tag: Naira Devaluation
News and stories about Naira Devaluation
Dollar to sell for N360, ABCON insists
Association of Bureau De Change Operators of Nigeria has given assurances to the public of continued sale of dollars at the official price
Devaluation is here as CBN sells dollars at N380/USD
The Central Bank of Nigeria (CBN) has reportedly devalued the Naira. Nairametrics found from a reliable source that the CBN ...
Senate considers petrol subsidy removal, naira devaluation
The Nigerian Senate has expressed its willingness to consider the removal of subsidy on petrol and devaluation of the Naira.
ABCON disagrees with those calling for naira devaluation
Association of Bureau De Change of Nigeria (ABCON) has argued that it is uncalled for to ask the Central Bank of ...
Devaluation: Experts highlight trends clouding economy’s growth in 2020
Financial experts and analysts say structural imbalances like revenue shortfall, development in the global oil market and CBN policies among ...
Nigeria’s growing current account deficit fans devaluation flames
Nigeria's alarming current account deficit is a possible bellwether for a devaluation if it persists.
Devaluation relief: Nigeria is set to gain big from Saudi Aramco Attack
Whilst this is bad news on a global scale, Nigerian may inadvertently stand to benefit from it, albeit in the ...
This is when I will devalue the naira – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has listed the conditions under that could warrant the devaluation ...
George Soros explains why devaluation is on the cards for emerging markets like Nigeria
Billionaire Investor, George Soros has said that the strong dollar and the termination of the Iran Nuclear deal by the ...
