Current efforts by government at boosting revenue through more diversification of the economic base would be hampered by a weaker...
The nation’s currency, the naira, on Wednesday weakened across market segments as a result of increased demand by end-users. At...
Operators of Small and Medium Enterprises (SMEs) sub-sector have lamented how much difficulties their businesses are facing on account of...
Despite several efforts by the Central Bank of Nigeria (CBN) to shore up the value of the naira, the naira...
Rising cost of consumer items rather than food pushed Nigeria’s inflation up 0.2 percentage points to 8.2 percent in January...
Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has reiterated that the naira is appropriately priced. He said this in...
The Central Bank of Nigeria (CBN) may have commenced a fresh move to shore up the naira through special intervention...
The pressure on the nation’s currency, the naira, persisted on Monday as it lost N1.60k or 0.8 percent against the...
The National Bureau of Statistics (NBS) says it sees Nigeria’s inflation stay in single digit, precisely 8.8 percent in 2015...
The naira on Monday defied analysts’ expectation and the Central Bank of Nigeria’s (CBN) intervention as it lost N1.12k against...
The nation’s currency, the naira, on Tuesday weakened further against the US dollar by N1.50k/$ or 0.81 percent at the...
Precisely, the naira depreciation will erode the value of the underlying asset(s) forming the mutual funds. In contrast, however, the...
The nation’s currency, the naira, on Monday lost N1.92k to the US dollar at the inter-bank market as there was...
The nation’s currency, the naira, on Monday lost N4.50k to the US dollar at the parallel market as the official window remained closed. Also, naira yesterday lost...
The naira recovered to trade broadly flat after dipping 2.5 percent in thin trade on Monday, as dealers remained reluctant...