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Tag "depreciation"

‘Let’s see effect on the naira’ — rep calls for closure of Nigerians’ dom accounts

    ‘Let’s see effect on the naira’ — rep calls for closure of Nigerians’ dom accounts

Ibrahim Obanikoro, a member of the house of representatives, has suggested that the Central Bank of Nigeria (CBN) close all domiciliary accounts for the next one year. The naira has

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Newspaper Headlines: Naira depreciation swells external debts, and doctors’ strike enters 5th day

    Newspaper Headlines: Naira depreciation swells external debts, and doctors’ strike enters 5th day

The reactions to the Easter homilies of Tunde Bakare, overseer of the Citadel Global Community Church, and Matthew Kukah, bishop of Sokoto Catholic diocese, by the presidency dominated the headlines

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Rewane proposes devaluation of naira after GDP rebasing

Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, said the recent rebasing of the country’s Gross Domestic Product (GDP) would only be meaningful when the naira depreciated. Rewane made this

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