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
Abdullah Tijani
November 3, 2023
- February 15, 2026
The naira, Nigeria’s currency, has been under severe pressure in recent months, and the Central Bank of Nigeria (CBN), the
Today, confronting evidence of the cackhandedness of our management of our foreign exchange resources until very recently, the question turns
The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings
Abundant oil revenues enabled Nigerian governments to institute vast subsidies and statist economic controls. These government interventions progressively weakened the competitiveness of
The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462
One of Nigeria’s leading financial advisory and investment banking firms, United Capital PLC, has suggested ways to cope with the
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