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Tag "naira"

CBN: No plans to phase out circulation of naira notes

    CBN: No plans to phase out circulation of naira notes

The Central Bank of Nigeria (CBN) says it has no plans to phase out the circulation of the lower denomination of the naira notes. Osita Nwanisobi, director, corporate communication, CBN, said

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Here’s what happens to the economy and naira just before an election year

    Here’s what happens to the economy and naira just before an election year

It’s official, the campaign season is upon us full swing; Bola Tinubu, the former governor of Lagos state and self-acclaimed ‘kingmaker’ of the All Progressives Congress (APC) has thrown his

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Naira appreciates further, trades N530 a dollar at parallel market

    Naira appreciates further, trades N530 a dollar at parallel market

The naira has appreciated further against the dollar at the parallel market on Thursday to trade at N530 per dollar.  The figure is N10 or 1.8 percent higher than the

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The parable of my wicked uncles

    The parable of my wicked uncles

I was a rudy little boy when it first occurred to me that my father was not alone. Pa Mark Balogun Asaju was the first surviving son of his own

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The naira and its many enemies

  The naira and its many enemies

When you sow the wind, you reap the whirlwind. This always comes to mind anytime there is an outbreak of

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Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

  Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, says his principal did not call for the devaluation of the naira. On

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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

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‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

  ‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the

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‘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

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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,

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