Currencies

The World Bank has stated that  the Central Bank of Nigeria's exchange rate management  policies continue to discourage investment and fuel inflation....

Friday, 26th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the official Investors and Exporters (I&E) window.  Naira closed flat against the US...

Global markets are currently spooked over the likely effects of the newly discovered Omicron Covid-19 variant, first discovered in southern...

Thursday, 25th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the officially...

Backstory Across every stakeholder spectrum in the Nigerian economy (i.e. investors, consumers, policymakers or economic observers), one persistent recurring topic...

Despite the upsurge in foreign reserves, the Naira is projected to further depreciate in 2022. This is according to projections...

Wednesday, 24th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the Investors...

Four weeks after the launch of the eNaira, the Central Bank of Nigeria (CBN) stated that it is taking baby...

Tuesday, 23rd November 2021: The exchange rate between the naira and the US dollar closed at N414.8/$1, at the Investors...

Nigeria recorded a current account deficit of $424 million in the second quarter of 2021, dropping to its lowest level...