Leave the naira alone – By Jonah Nwokpoku
Japan, a member of the OECD, recently tried to bolster its currency to no avail. In 2022, the Japanese Central Bank dished out $60 billion…
Japan, a member of the OECD, recently tried to bolster its currency to no avail. In 2022, the Japanese Central Bank dished out $60 billion…
EFCC’s Successful Prosecution The Economic and Financial Crimes Commission (EFCC) proudly announces the conviction of 31 individuals from Kano State for various offenses related to…
The exchange rate for import duty collections by the Nigerian Customs Service (NCS) has increased by N38 from N1492/$ to N1530/$, according to the latest…
Justice Nnamdi Dimgba of the Federal High Court in Lagos has ruled in favor of a new Central Bank of Nigeria (CBN) regulation mandating financial…
Nigerians and the Naira Exchange Rate Nigerians are excessively focused on the exchange rate of the local currency, the Naira. It’s looked at as a…
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow down on monetary policy tightening…
Nigerian banks are scrambling for funds. The foreign exchange (forex) reserves are dwindling, and the Naira is fluctuating. What an eventful year so far, and…
The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted another N300 million bail in the Nigerian government’s charge bordering…
The Naira continued its decline across the country’s unofficial FX market, depreciating to a new low of 1,540 per dollar on the parallel market despite…
A senior official of the Association of Bureau De Change Operators (ABCON) sheds light on the ongoing depreciation of the Naira, attributing it primarily to…
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