“There is also the argument that watching the exchange rate matters because we are import-dependent. That is obviously untrue as
Although Nigeria’s inflation rate rose to 17.33 percent in February 2021 from 16.47 percent the previous month, the Central Bank
The CBN’s “Buy 1 Get 5 free” promo comes into its own. Over the last two decades, we have seen
The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,
The Nigerian Markets report for the week ended February 5, 2021. It captures indexes that gauge performance across a number
The Nigerian Markets report for the week ended January 29, 2020. It captures indexes that gauge performance across a number
The Monetary Policy Committee (MPC) of Nigeria’s central bank on Tuesday decided to retain its Monetary Policy Rate (MPR) at
The exchange rate at the Nigerian Investors and Exporters’ (I&E) Window closed at N394/$1 on Monday, January 4, 2021, following
Contrary to the CBN’s claim, imports are low relative to the size of Nigeria’s economy. The country has an import
The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week criticized Nigerians for patronizing the black market for foreign
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings
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