ABCON unveils strategies to stop further naira decline, enhance exchange rate stability
These strategies/roadmap campaign plans are needed to save the naira from further decline, bridge exchange rate gaps and curb volatility ...
Tag: Naira
Stronger dollar to push naira above N600/$ at the black market
A stronger dollar is expected to force the naira to plunge below N600/$ due to the US Fed’s hawkish stance ...
CBN blames falling Naira on Nigerians’ import dependency
The Central Bank of Nigeria (CBN) stated that Nigerians' import dependency is the cause of the falling Naira.
THE WEEK AHEAD: IMF & World Bank vs CBN, who had a better argument?
Nairametrics compiled a list of notable events across macroeconomy, equities market, regulators, and the crypto market that made the headlines ...
Despite Ghana’s interest rate hike, Naira gains double-digits against the Cedi
The Nigerian currency rose against the Ghanaian Cedi in the first quarter of 2022, despite Ghana's central bank raising interest ...
Amid CBN interventions, Naira depreciated by N22 on the black market in Q1 2022
Despite multiple interventions by the Central Bank of Nigeria to defend the Naira, the Naira fell by N22 in the ...
Why Nigeria can not receive crude oil payments in Naira – DMO
The Debt Management Office has explained why receiving crude oil payments in Naira rather than in dollars is not a ...
CBN believes these 6 policies will save the Naira from the threat of collapse
The CBN has deployed a plethora of initiatives intended to attract more dollar inflows to the country, and they include ...
IMF: Naira has fallen against the dollar by 10.6% annually since 1973
Although the Naira's freefall observed last year appears to have come to an end, a glance at the previous era ...
Exchange rate falls to N575/$1 as dollar scarcity bites harder
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters (I&E) ...
