The once vibrant Tomato paste industry may collapse by 2018 if the Central Bank of Nigeria (CBN) did not rescind its forex policy excluding triple concentrate...
While the naira depreciated week-on-week against the United States dollars greenback at the interbank market by 0.09 per cent to N282.25/$1, it remained steady at N345...
By Odunewu Segun Financial experts have said the floating of the naira is likely to push inflation north of 20 percent in the second half of...
By Odunewu Segun Following the removal of pegged rate by the Central Bank of Nigeria, naira has gained more points against the dollar at the new...
By Chioma Obinagwam Barely few hours after the much talked about flexible Forex Policy became effective, investors at the Nigerian Stock Exchange (NSE) are already beginning...
By CHIOMA OBINAGWAM ACTIVITIES on the Nigerian Capital market witnessed a rebound at the close of the week ended June 17, 2016 after a somewhat protracted...
By CHIOMA OBINAGWAM THE recent announcement of a new Foreign Exchange(Forex) policy by the Central Bank of Nigeria(CBN), Nigeria’s apex bank, has stirred up reactions among...
Setting the stage for a devaluation of the naira, the Central Bank of Nigeria has finally released some details concerning the flexible exchange rate regime its...
By DANLADI BATURE THE pressure on the local currency, naira which had received some breath following slight improvement in foreign reserve and oil prices, may resurface...
By ODUNEWU SEGUN THE corporate tribulations of Nigeria that began with a slide in oil prices and accelerated after the imposition of capital controls have seen...
