The All Farmers Association of Nigeria (AFAN) has appealed to the Federal Government to compensate farmers for losses recorded during the implementation of the Central Bank...
By Balogun Kamilu Lekan After the Central Bank of Nigeria (CBN) implemented its cash swap policy on February 10th, Nigerians have struggled to conduct transactions and...
By Balogun Kamilu Lekan The forex market accommodates more than 170 currencies, with forex traders speculating on potential fluctuations in value, which can impact their respective...
Young people, in their numbers stormed the streets of Ibadan, the Oyo State capital, on Friday, to protest the current state of the nation. Nigerians have...
Fake notes of the new N1,000 notes have been reported to be circulating in the economy since the Central Bank of Nigeria (CBN) released the redesigned...
The rate at which the naira, is depreciating against the dollar shows that it could fall to N1,000/$ before the end of next month, traders said...
The Naira is currently trading at 800 against the dollar according to some exchange platforms.Checks made by Peoples Gazette on Saturday revealed that the current parallel...
The Naira on Monday exchanged at N441.38 to the dollar at the Investors and Exporters window, an appreciation of 0.09 per cent, compared with N441.67 to...
The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per cent, compared with N439.17 to the...
The Nigerian currency, Naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at N430.33. The figure represented an increase of 0.08...
The Naira on Tuesday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67. The figure represented a decrease of 0.16 per cent...
“It might sound counterintuitive but the way out of the current frenzy is to abolish the official fixed exchange rate and allow the Naira to float.”