Monday, December 6, 2021
MARKET UPDATE

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Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

    Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

Zainab Ahmed, minister of finance, budget and national planning, says the fiscal authority ministry is working with the Central Bank of Nigeria (CBN) to close the gap between the official

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Here’s what Osinbajo’s call for naira devaluation could mean for the future

    Here’s what Osinbajo’s call for naira devaluation could mean for the future

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

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Here’s how we can save the naira from hitting 1,000 per dollar?

    Here’s how we can save the naira from hitting 1,000 per dollar?

In the past few weeks, I have written extensively about the naira and Nigeria’s foreign exchange regime. As a result, I have got quite a lot of feedback from virtually

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As Nigerians joyfully gather to kill the naira

    As Nigerians joyfully gather to kill the naira

The ultimate question we need to ask ourselves is whether we believe we are worthy enough as a people and as a nation, to have and to manage a currency,

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CBN: Those calling for Emefiele’s resignation only pursuing selfish interest

  CBN: Those calling for Emefiele’s resignation only pursuing selfish interest

The Central Bank of Nigeria (CBN) has rejected calls for the resignation of Godwin Emefiele, its governor, over issues relating

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What Emefiele’s ‘fight’ with abokiFX really means for the naira

  What Emefiele’s ‘fight’ with abokiFX really means for the naira

On April 23, 2013, the verified Twitter handle of Associated Press (AP), one of the biggest news agencies in the

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411 vs 555: Will Emefiele’s CBN ever close the forex gap? Here’s what history teaches

  411 vs 555: Will Emefiele’s CBN ever close the forex gap? Here’s what history teaches

If you are friends with people within my age bracket, you must have one or two friends travelling for a

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Desist from forex malpractices or face suspension, CBN warns banks

The Central Bank of Nigeria (CBN) has warned that banks involved in any form of foreign exchange (FX) malpractice risk

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Naira hits 48-year-low, trades at 545/$ in parallel market

  Naira hits 48-year-low, trades at 545/$ in parallel market

The Nigerian naira depreciated to its lowest level in 48 years, trading between N540 and N545 to a US dollar

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Stop borrowing dollars, borrow sense: Naira on its way to a thousand to a dollar

  Stop borrowing dollars, borrow sense: Naira on its way to a thousand to a dollar

BY OLUGBENGA JAIYESIMI Suddenly the naira shot through to five hundred and twenty five to the dollar at the unencumbered

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