In recent times, Nigerians experienced an acute shortage of naira notes across channels: bank teller points, automated teller ...
Naira’s rally in recent times hasn’t been solely due to direct interventions by the central bank. Bismarck Rewane, CEO of ...
This marks a 0.24 per cent increase compared to Friday, Feb. 21, when the local currency closed at N1,500.73 to the Dollar.
This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...
Economist, Bismark Rewane, has backed the Central Bank of Nigeria’s (CBN) foreign exchange policies, stating that supporting an undervalued currency ...
Nollywood actor Jude Chukwuka has opened up about his ordeal at the hands of Ikorodu Boy over singer Naira Marley, in ...
Oyalowo said the interventions have helped to stabilise the Foreign Exchange (FX) market and the naira, in a statement he ...
In May 2022, the MPR moved to 13 per cent up from 11.5 per cent. By the end of 2023, the monetary policy rate (MPR) stood at 18 per cent ...
The Nigerian currency remained firm against the euro in the parallel market amid the Conservative victory in Europe's largest economy.
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AFRICA’s largest telecom market is in turmoil. Uncertainty mixed with outrage deepened after the telcos implemented a 50 per cent tariff hike on February 17. An SMS that cost N4 (160 characters) ...