Naira Vs. Dollar: Inside the Crude controversy
The Naira for Cude oil policy, introduced in October 2024 by the Federal Government was designed to allow local refineries to buy crude in naira, cut dependence on imported fuel and boost…
Nigeria central bank intervenes to stem naira slide
The Central Bank of Nigeria intervened at the inter bank market to help support the naira after it hit an all-time low of N350 per dollar.…
CBN Governor appears before Senate
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Nigeria says Yuan currency swap to reduce pressure on forex market
The Central Bank of Nigeria says the Yuan currency swap will strengthen the naira and reduce the strong demand for the US dollar in the country…
Nigeria says Yuan currency swap to reduce pressure on forex market
The Central Bank of Nigeria says the Yuan currency swap will strengthen the naira and reduce the strong demand for the US dollar in the country…
Nigeria set to spend to boost the economy
With a war chest of over 3 trillion naira in the Treasury Single Account, along with a 6 trillion naira budget, the Nigerian government is set to begin massive spending to boost…
Nigeria set to spend to boost the economy
With a war chest of over 3 trillion naira in the Treasury Single Account, along with a 6 trillion naira budget, the Nigerian government is set to begin massive spending to boost…
Nigerians willing to buy local products to strengthen economy
Latest public opinion poll from NOIPolls has revealed that 97 per cent of Nigerians have expressed their willingness to buy locally made products in order to strengthen the country's economy while 21…
Nigerians willing to buy local products to strengthen economy
Latest public opinion poll from NOIPolls has revealed that 97 per cent of Nigerians have expressed their willingness to buy locally made products in order to strengthen the country's economy while 21…
Naira remains under pressure
While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering…
Naira remains under pressure
While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering…