The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent...
Prior to assuming the presidency of Nigeria, Asiwaju Bola Ahmed Tinubu garnered the confidence of the majority of Nigerians with the promise of rescuing the country’s...
Nigeria’s apex bank – the Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued the naira to about N630 to a...
Barely 24 hours, the Naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at N477 to a dollar at the parallel...
The naira yesterday depreciated to N369.5 per dollar in the Investors and Exporters (I&E) window in spite of increased dollar supply. Naira Data from the Financial...