exchange rate

Kingsley Moghalu, “I No Longer Talk on the Nigerian Economy; It’s A Dialogue with the Deaf”

Kingsley Moghalu, “I No Longer Talk on the Nigerian Economy; It’s A Dialogue with the Deaf”

Dr. Kingsley Moghalu, Nigerian political economist and former Deputy Governor of the Central Bank of Nigeria (CBN), has announced his… Read More

5 months ago

Naira holds steady at N1600/$ despite FX market improvements

The Nigerian naira remained stuck at N1600/$ in the black market on Wednesday, despite improving fundamentals in the country's foreign… Read More

6 months ago

Naira Crisis: Tinubu Should Adopt OBJ’s 1999 Solution to Boost Dollar Inflow-Dr. Ogho Okiti

Nigeria's naira crisis cannot be resolved by only monetary policies. Complementary fiscal reforms, reducing government expenditure, and growing the nation's… Read More

1 year 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

1 year 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

1 year ago

Of Bans, Foreign Exchange Earnings, and a Strong Naira

Today, confronting evidence of the cackhandedness of our management of our foreign exchange resources until very recently, the question turns… Read More

1 year ago

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,… Read More

4 years ago

Dollar Shortage Poses Major Risks to Nigerian Banks – Fitch

International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings… Read More

4 years ago

The Nigeria Oil and Other Subsidy Traps: Is Freedom in View?

  Abundant oil revenues enabled Nigerian governments to institute vast subsidies and statist economic controls. These government interventions progressively weakened the competitiveness of… Read More

4 years ago

Despite CBN Interventionist Strategies, Naira Exchanges for N462

The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462… Read More

4 years ago

Naira Dollar Exchange Rate 2020: Analysts Predict N410/$ Exchange Rate at United Capital PLC’s Webinar

One of Nigeria’s leading financial advisory and investment banking firms, United Capital PLC, has suggested ways to cope with the… Read More

5 years ago