The General Overseer of the Redeemed Christian Church of God Worldwide, Pastor Enoch Adejare Adeboye, has said those responsible for the plunge of the value of...
Ifeanyi Ubah, managing director and CEO of capital oil, has claimed victory for the gains experienced by the naira over the past two days. Speaking on...
You’d think the Nigerian Central Bank is an independent body away from the influence of the Presidency… For the upteenth time, President Buhari has once again...
The debate about the appropriate value of the Naira featured prominently in the public domain last week. This prominence was driven by three developments: the refusal...
President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people will derive any tangible benefit from...
The Naira today traded a about N260 to the dollars as scarcity of the greenback continues to hit the parallel market. The Naira closed last week...
Nigeria’s apex bank, the Central Bank of Nigeria, CBN, on Friday, said it has no plans to devalue the naira again. This echoes the same commitment...
The Central Bank Governor, Mr Godwin Emefiele, has reiterated the bank’s stance on not devaluing the naira as many Nigerians would expect. According to him, the...
Nigeria will have to devalue its currency at some stage, possibly by more than 15 percent, ratings agency Standard & Poor’s said on Wednesday, though it...
The Central Bank of Nigeria, CBN, has disclosed that its decision not to further devalue the naira was borne out of the need to safeguard the Nigerian economy from...
The Central Bank of Nigeria, CBN, has announced a new official naira-to-dollar exchange rate, forcing down the Nigerian currency by 13 naira, as the country struggles...
