Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, says his principal did not call for the devaluation of the naira. On Monday, at the midterm review of President Muhammadu Buhari’s second
Tag "devaluation"
Nigeria is on auto-replay. Events of the past find a clever way of repeating themselves. Very few things that happen in this African giant are new. Conversations around the naira
Muhammed Sanusi, former governor of the Central Bank of Nigeria (CBN), says the devaluation of the naira will continue unless Nigeria’s appetite for imported items reduces. The CBN has had
The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country must not sell dollars higher than N380 to end users. This is compared to
Allocations to the three tiers of government in naira will increase as the federation account allocation committee (FAAC) has adopted
Lukman Otunuga, a research analyst at FXTM, says the new policy actions taken by the Central Bank of Nigeria (CBN),
Lukman Otunuga, a macroeconomics expert and research analyst at FXTM, says the Central Bank of Nigeria (CBN) may devalue the
Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, said the recent rebasing of the country’s Gross Domestic Product (GDP) would
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