naira

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

Bulls lead N25.72bn market gain despite Naira’s fall to N1,509.45/$

Key Points Market Rebound: The Nigerian equity market gained five basis points, closing at 100,067.77 points after a previous decline.… Read More

7 months ago

Investors gain N95bn in midweek stock trading as Naira depreciates by 0.47%

Key Points The Nigerian Naira depreciates against the US Dollar by 0.47% on the official exchange market. The exchange rate… Read More

8 months ago

Naira’s crisis not caused by cryptocurrency, says London varsity don

  She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira's… Read More

8 months ago

US inflation falls to 3.3 percent in October

President Joe Biden received some welcome news on Wednesday as the US consumer price index (CPI) fell to 3.3 percent… 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

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

Foreign currency shortages are cutting Nigerians off from Apple Music, AliExpress, and more

In July 2021, Lagos-based software engineer Sodiq Lawal was working on a project for a fintech startup when the Central… Read More

2 years ago

I Prefer Dollar Investments to Naira Assets Because I Have a Dollar Salary

Every week, Yunus Ibrahim, speaks to a DIY investor about what they invest in and why. The interviews are anonymous.… Read More

2 years ago

How to Stabilize the Naira- Dr Ayo Teriba

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled… Read More

3 years ago

Beyond AbokiFX: CBN Should Stop Subsidising Imports

What should we do about all of this? As I have said before, and say again, we have two options.… Read More

3 years ago