The Central Bank of Nigeria (CBN) has restated its commitment to exchange rate stability. The Naira at the weekend sustained its gains against the dollar as...
By Odunewu Segun The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria (CBN) had forced a...
Economic experts have insisted that the Central Bank of Nigeria (CBN) must float the naira to deliver the nation from the current economic quagmire, noting that...
By Odunewu Segun Investors have described Nigeria’s latest efforts to tweak its exchange rate policy as another bungled attempt by the Central Bank of Nigeria to...
By Odunewu Segun Following the intervention of the Central Bank of Nigeria in the foreign exchange market by selling $411.8 million dollars for visible and invisible...
By Odunewu Segun The Central Bank of Nigeria may be on the verge of fully floating the naira going by the latest forex policy, National...
to provide additional funding for medical, school fees The Central Bank of Nigeria has directed banks in the country to open Foreign Exchange outlets to sell...
Following last Thursday’s directive by the National Economic Council (NEC) for immediate review of the FOREX policy to stem the widening gap between the inter-bank foreign...
By Odunewu Segun The issue of some ATM Machine dispensing fake naira notes has become worrisome, and has eroded public confidence in some of the notes,...
By Odunewu Segun The Central Bank of Nigeria (CBN) has blamed the current economic challenges facing the country on the past practice of frittering away huge...
