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Tag "dollar"

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 to the exchange rate of the naira. In July, the

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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 world, tweeted 12 words that cost the US economy about

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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 master’s degree or Ph.D. in the US or UK this

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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 their FX operational licence being suspended for at least one

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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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We won’t tamper with foreign currency in your dom accounts, CBN assures customers

  We won’t tamper with foreign currency in your dom accounts, CBN assures customers

The Central Bank of Nigeria (CBN) says speculations that the apex bank is considering converting foreign exchange (FX) in the domiciliary

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Will the naira ever return to its former glory?

  Will the naira ever return to its former glory?

There was a time when the Naira was worth almost twice as much as the Dollar and equivalent to the

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Is it too late to ‘dollarise’ pension funds in Nigeria?

  Is it too late to ‘dollarise’ pension funds in Nigeria?

My both parents are pensioners and I am fortunate to still have them around. Thanks to the pandemic, I spent

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Rewane: Official exchange rate may depreciate to N420/$ in 2021

  Rewane: Official exchange rate may depreciate to N420/$ in 2021

Bismarck Rewane, managing director of Financial Derivatives Company, has projected that the naira will depreciate to N420 against the dollar

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