The Central Bank of Nigeria (CBN) has set the stage for the devaluation of the naira, as it said on Wednesday that it will allow the...
The decision of the Federal Government to increase the pump price of Petrol from N86. 50 to N145 has continued to have rippling effect on the...
The Governor of Ekiti State, Mr. Ayodele Fayose, on Sunday, called on President Muhammadu Buhari to devalue the naira, even as he said he holds the...
The Federal Government and 36 states governors have oncluded plans to hold a retreat to consider alternatives to devaluation of the naira. This was disclosed on...
By Reuben Abati . . . “My brother, e ku exchange rate oh.” “Excuse me?” “I am greeting you. I am saying how are you and...
In what may appear as a dramatic turn around in the fortune of the naira, the Nigerian currency rallied strongly against the United States dollar on...
The fate of the naira no doubt hangs on the balance, what with the unprecedented fall of the local currency, which exchanged for N400 to the...
By Dele Sobowale . . . . “Love and business and family and religion and art and patriotism are nothing but shadows of words when a...
The nation’s currency has hit another all-time low exchanging at N345 to the dollar in the parallel market. Meanwhile, the official Central Bank of Nigeria (CBN)...
The National Bureau of Statistics (NBS) has stated that speculative pressure on the Naira was likely to persist in 2016 in light of the current state...