Nigeria’s foreign exchange reserves has shed a total of $493.72 million in the past 21 days. According to data from the Central Bank of Nigeria (CBN), the country’s reserves swung
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The Nigerian economy remains in its worst recession in 29 years! The National Bureau Statistics confirmed this on Tuesday, as it released the gross domestic product (GDP) report for the
Following Tuesday’s assurances by Godwin Emefiele, the CBN says it will continue to intervene in the foreign exchange market, as it injected $185.86 million into the retail Secondary Market Intervention
Two weeks after opening a special foreign exchange window for small and medium enterprises (SMEs), the Central Bank of Nigeria has opened yet another window for investors and exporters. A
Like Nigeria, the global economy is on a path to growth, riding on the wings of rising commodity prices and
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), Audu Ogbeh, minister of agriculture, visited the first rice mill
The naira dramatically recovered on Wednesday to 405 per dollar, less than 24 hours after the Central Bank of Nigeria
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), on Tuesday revealed that the CBN would not float the
There is no doubt that 2016 has been a terrific year for the Nigerian economy. With biting recession, ailing naira,
The Nigerian foreign exchange (forex) reserves have been on the increase for four consecutive weeks, TheCable can report. According to
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