Exchange Rate & Currency

The Exchange Rate: N950/$ May Be Better Than N650/$

The Exchange Rate: N950/$ May Be Better Than N650/$

  "A (developing) nation’s exchange rate is indeed too important to leave completely in the hands of “market forces”.  The… Read More

2 years ago

Monetary policy — what is to be done?

If we agree that transparency is increasingly of the essence, then the Central Bank must also stop leaning against the… Read More

2 years ago

Naira fall : Practical solutions from 5 Financial experts

The value of the Nigerian Naira has been consistently falling against major international currencies in recent times, particularly the US… Read More

2 years ago

Naira-Dollar Exchange Rate: Has the CBN Ambushed Speculators?

The naira, Nigeria's currency, has been under severe pressure in recent months, and the Central Bank of Nigeria (CBN), the… Read More

2 years ago

Forex Woes: Patients Left in Limbo As Nigeria’s Pharmaceutical Industry Plunged into Peril

In recent times, Nigeria has witnessed a concerning phenomenon: the departure of pharmaceutical companies due to economic challenges. GlaxoSmithKline (GSK),… Read More

2 years ago

Forex Liquidity Woes, MSCI Downgrades Nigeria

In a significant development for Nigeria's financial markets, MSCI Inc., a popular provider of investment decision tools and services, has… Read More

2 years ago

Foreign Exchange: The Next President Should Not Impoverish Nigerians With A Strong Naira Policy

Nigeria’s overvalued foreign exchange rate causes dollar scarcity, inflation, and poverty. The next president should adopt a free market rate… Read More

3 years ago

Hope Rises For 25 million Unserved Nigerians, As Starlink Is Set To Disrupt Market

The operational licences handed to Space Exploration Technologies Corp (SpaceX), owned by world’s richest man, Elon Musk, to operate in… Read More

3 years ago

Floating the naira, before it sinks

Much of the changes required, therefore, to enable the naira float freely are the same ones required to fix the… Read More

3 years ago

The Enduring Myth of Nigeria’s Import-Dependence

Nigeria is much more populous than Ghana, South Africa or Egypt but imports less than these countries. Many Nigerians claim… Read More

4 years ago