Tag: Exchange rate

The BUA founder says President Tinubu’s economic reforms were positioning the country on the global map.

The latest figure marked a sharp rise from $3.99 billion at the end of 2023.

Firms remained optimistic, expecting a stronger exchange rate and higher business activity.

A student, Adenike Ibrahim, told the BBC that she was close to handing in her dissertation after two years of ...

The net loss indicates that the Nigerian operation of Africa’s biggest telecom company by revenue and subscribers is not yet ...

Mr Galadima was arrested on 14 April following her criticism of Governor Uba Sani

The budget was pegged at N800 to a dollar but the naira currently trades at N1,605 to a dollar.

...a unified and nationalistic approach is essential to halt the decline of the naira. Every citizen, from policymakers to ordinary ...

The all-share index, which indicates the general market movement of stocks on the NGX, has hit several record levels since ...

The lawmakers slammed revenue-generating agencies of the federal government for running inefficient systems.

The scholars appealed to TETFund to review their scholarship fund template to reflect the current economic realities

The naira depreciated by 0.66 per cent compared with N765.13, which it exchanged for the dollar on Thursday.

"The company has a liability to exchange Naira to US dollars in the local market,” it said.

Whenever a well-placed public officer who should know comes out openly to say the naira is overvalued, overrated, should find ...

The CBN may wish to have a rethink about the ubiquity of personal DOMICILIARY accounts in Nigeria. At the end ...

Mr Kyari noted that global market conditions have pushed the landing cost to about three times the value of the ...

Nigeria has overdone this financial liberalisation. When the citizens of a country express their lack of confidence in their own ...

The move by the CBN has raised concerns about the devaluation of the currency that has long struggled amidst declining ...

A CBN official dismisses the allegations.

A proactive measure needs to be enacted with great caution to effectively tame the dwindling force behind the soul of ...

The Nigerian currency exchanged at N360.18 to the dollar on Friday.

The Ekiti governor describes himself as Peter the Rock destined by God to rescue Nigeria

The Nigerian currency lost one point to exchange at N368.

Mr. Soludo urges the CBN to eliminate the current multiple exchange rates as a matter of urgency.

Traders blame the activities of speculators and currency hoarders.