Tag: Naira, value
So, when will Naira attain its fair value
By Simbo Olorunfemi Over the years, an import-addicted Nigeria has been confronted with rising imports even in the face of dwindling receipts from export. That should...
CBN blames Naira free Fall on non remittance of Dollars by NNPC
The Central Bank of Nigeria has blamed the free Fall of the Naira on official and parallel market on non-remittance of dollars to foreign reserves by the Nigeria...
Naira’s continuous free fall to dollar: Ayodele Prophesied it
The economic situation of Nigeria has continued to collapse since the administration of President Muhammadu Buhari began, especially his second term. Since his...
Naira in continuos free fall against Dollar
The naira has again crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Naira falls to dollar...
Naira falls to dollar at Investors and Exporters window
Naira depreciated against the dollar at the Investors and Exporters Window on Monday, exchanging at N425.75. Naira appreciates by 0.30% Thursday The figure...
Naira appreciates by 0.30% Thursday
Naira appreciates by 0.30% Thursday The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N421.25 to the dollar, a 0.30 per cent...
Currency speculators behind Naira free-fall – Moghalu
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has explained how currency speculators have been deliberately attacking...
Forex: No plan to convert domiciliary accounts into naira — CBN
The Central Bank of Nigeria has assured members of the public that it didn’t issue a directive to convert the foreign exchange in the domiciliary...
Naira depreciates further to 530 against dollar, pound now N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
Decline and fall of the Naira
Dr Obadiah Mailafia Money makes the world go round. The strength of a country – its prosperity and flourishing – is best measured by the standing of its...
