In the second quarter of 2024, Nigeria experienced a staggering 75% drop in Foreign Direct Investment (FDI), marking a troubling low of just $29.8 million—its lowest...
Financial experts have lauded the Central Bank of Nigeria for its consistent intervention in the foreign exchange market. The experts, who spoke at the Access Bank...
By Odunewu Segun The Central Bank of Nigeria has disclosed its target of making exchange rates for the naira converge on the official and black markets,...
With the naira closing at N390 at the parallel market and N306 to a dollar at the interbank market on Wednesday, the Central Bank of Nigeria...
By Odunewu Segun Currency speculators have been described as the greatest challenge facing the naira just as the Central Bank of Nigeria continue to inject dollars...
The Central Bank of Nigeria (CBN) on Tuesday sustained the supply of foreign exchange to the market by releasing 195 million dollars, bringing the total amount...
By DANLADI BATURE INVESTORS’ show of preference for mutual fund asset classes aside conventional listed equities at Customs Street bourse resulted in value addition in the...
