Policies and programmes introduced by the Federal Government is one thing that has become the order of the day in each of the governments in this...
By Sodiq Adelakun Nigeria’s currency, the Naira, saw a significant drop in value against the US dollar on February 19, 2024, with an unprecedented intra-day peak...
By Sodiq Adelakun Persistent demand pressures have caused the parallel market exchange rate to hit a record low of N2,040 per Great Britain Pound (GBP), marking...
The Naira depreciated further to N1,534/$ on Monday according to data on the Central Bank of Nigeria and FMDQ website. This is a landmark as it...
By Sodiq Adelakun In a continued economic downturn, the Nigerian naira has taken a significant hit, plunging below the N1,600 mark against the US dollar on...
By Sodiq Adelakun In a strategic move to stabilise the Nigerian currency, the Central Bank of Nigeria (CBN) re-entered the spot foreign exchange market on Tuesday...
The Naira depreciated further to N1,534/$ on Monday according to data on the Central Bank of Nigeria and FMDQ website. This is a landmark as it...
Nigeria’s currency, Naira/ gained against the dollar on Monday, 5th February 2024 at both the official market and the black market. The Naira appreciated/ marginally at...
By Dakuku Peterside On Sunday, August 15, 1971, the United States economy was literally facing a firing squad. The Dollar was in a mess. Price gougers...
The Federal Government of Nigeria has pledged to undertake significant macroeconomic reforms in response to the ongoing depreciation of the Naira in the Forex market. The...