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,
Michael Ajifowoke
February 7, 2021
- February 18, 2026
The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,
In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue
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
While Russia is a corruptly governed country with opaque institutions and weak economic policies, the Central Bank of Russia under
Nigeria’s strained foreign exchange reserves could stir up a fund-raising drive that could force government to sell a stake in
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has revealed that the NNPC incurred
The Central Bank of Nigeria (CBN) has teed off a forex probe into the activities of 55 firms and persons
The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462
The Central Bank of Nigeria’s measures to address Nigeria’s naira continued plunge appears ineffective as the currency weakens further against
Nigeria’s forex crisis may soon impact on the prices of bread, one of Nigeria’s most popular staple food. Bread, a staple
Institute for Security Studies Says Naira Devaluation will Boost Agriculture Exports. In an article for the Institute for Security Studies,
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