Naira exchange rate
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Morgan Stanley: Tinubu’s policies may create new consumers class
The current president of Nigeria, Bola Tinubu, has implemented reforms that, despite their challenges to economic growth, could result in…
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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…
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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…
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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…
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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…
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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),…
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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…
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How to Stabilize the Naira
Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled…
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The Naira in 2021: Gap between CBN & Parallel Market Rates to Stay
The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,…
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“CBN Forex Rate is a Joke”: Why the Black Market Is Popular
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week criticized Nigerians for patronizing the black market for foreign…
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