The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira depreciated...
One of the major decisions taken by President Bola Tinubu on assumption of office on May 29, after removal of petrol subsidy, was the suspension of...
Central Bank of Nigeria (CBN), Deputy Governor, Economic Policy Directorate, Dr. Kingsley Obiora, has disclosed that the apex bank was planning further loosening of controls, “in...
Naira remained constant yesterday, exchanging at N464.67 to the dollar at the Investors and Exporters’ window. The local currency did not change from its value on...
The Naira yesterday exchanged at N462 to the dollar at the Investors and Exporters window. The figure represented depreciation by 0.18 per cent compared with the...
The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) and the Federal Government to embrace practical solutions...
The Federal Ministry of Finance, Budget and National Planning said the ministry was not consulted on the new monetary policy announced by the CBN to redesign...
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency. Mr...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), also known as interest rate, from 13.5% to...
The Naira remained constant on Thursday, exchanging at N436.50 to the dollar at the Investors and Exporters Window. It remained unchanged from its value on Wednesday....