The United States has argued that Nigeria should ensure that the value of the naira currency against the US dollar be made more realistic to boost...
Financial experts have continued to express their dissatisfaction with the decisions of the Monetary Policy Committee, especially its decision to increase the benchmark interest rate by...
Alhaji Sanusi Muhammad II, the emir of Kano and immediate past governor of the central bank of Nigeria (CBN), says the naira has already been devalued....
By ODUNEWU SEGUN THE Managing Director of Financial Derivatives Company Limited, Bismarck Rewane has expressed dissatisfaction with the falling value of the naira against the United...
…bank rates surge by 2.9% The naira has dropped further to 313.5 against the United States dollar at the parallel market on Wednesday as shortage of...
By CHIOMA OBINAGWAM THE call for further devaluation of the Naira (Nigeria’s legal tender) has been said to be a major ingredient that would stimulate increased...
The Naira on Friday continued to maintain an average value of N306 to the dollar, few days after the apex bank retained its Monetary Policy Ratio...
Nigeria’s currency, the naira earlier this morning depreciated further at the parallel market amid growing shortage of the currency. National Daily gathered that the naira lost...
The NSE Chief Executive Officer, Mr Oscar Onyema, said that market capitalisation which has lost about N250 billion in five days may continue the trend with...
Investigation by National Daily has shown that customers are still skeptical about making cash deposits into their domiciliary accounts despite the directives by CBN lifting the...
