Here’re African countries worst hit by currency devaluation
Nigeria is facing a historic foreign exchange (FX) crisis but this problem is not unique to Africa’s biggest economy as...
Nigeria is facing a historic foreign exchange (FX) crisis but this problem is not unique to Africa’s biggest economy as...
Nigeria will likely devalue its local currency by about 15% after President-elect, Bola Tinubu, is sworn in on May 29...
The Central Bank of Nigeria says on its website that the main objectives of its exchange rate policy in Nigeria...
When it comes to currency devaluation in Nigeria, the policy approach seems to be the bigger the better. The devaluation...
When it comes to currency devaluation in Nigeria, the policy approach seems to be the bigger the better. The devaluation...
The conduct of the monetary policy by the Central Bank of Nigeria (CBN) involves monitoring and influencing the value of...
There seems to be a common misconception by most people that Nigeria is a net importer of goods, that is,...
Lenders in Africa’s largest economy won’t make money from foreign exchange revaluation gains this time around even as central bank...
Olam International Limited, a trading house with food-commodity operations across 65 countries, says the global race to devalue currencies is...