As the new foreign exchange policy of the Central bank became effective this morning, the Naira was quoted at 253 against the U.S. dolla...
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Showing posts with label Naira. Show all posts
Showing posts with label Naira. Show all posts

Naira drops to 367/dollar over forex policy panic
Uncertainty over the Central Bank of Nigeria’s planned exchange rate policy has continued to rattle the foreign exchange market. The lo...
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World Bank MD arrives Abuja for talks on Naira
MANAGING Director of World Bank, Mrs. Sri Mulyani-Indrawati, arrived Abuja at about 2pm yesterday on a three-day working visit to con...
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EFCC probes N4b deposits in ex-minister’s account
Agency to retrieve $400,000 paid in bid to change poll’s results Economic and Financial Crimes Commission (EFCC) investigators have d...
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Banks in brisk business with new naira notes, reject old bills
CBN insists only security operatives can stop currency abuse • They don’t invest in sorting, says apex bank By management directive ...
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We are killing jobs, not the naira
IF various estimates are to be believed, approximately five million Nigerians come into the workforce annually, yet in the same period,...
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As the naira duels onto death(1) (How to regrow a shattered nation)
Baron von Clausewitz, the great German military historian and philosopher of war, had noted that war was the continuation of politics by...
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Leave the naira alone
IT will amount to contradiction in terms if President Muhammadu Buhari and the All Progressives Congress (APC) government that promised,...
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Women in Kaduna state rush to sell their gold as Naira crashes
Women in Kaduna state are reportedly storming the gold sellers section of the Kaduna Central Market as the price of gold per gram rises to...
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Fallen Naira: DPC advises CBN Governor Emefiele to resign
The Democratic Peoples Congress DPC, has called on the Governor of the Central Bank of Nigeria, Godwin Emefiele, to resign following the d...
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How to save the naira
The fate of the naira is uncertain as the local currency exchanged for N400 to the green back last week, a development, many financial a...
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Again, Buhari rejects calls for Naira devaluation
•Says no to devaluation of naira African leaders and bankers turned out at an economic summit in Egypt yesterday, vowing to push for t...
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Anxiety over Naira’s free fall
GOVERNOR OF CENTRAL BANK, MR GODWIN EMEFIELE, DISPLAYING THE NEW N100 NAIRA COMMEMORATIVE CENTENARY BANKNOTE AFTER THE UNVEILING IN ABUJA ...
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