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Tag: Exchange Rate

Nigeria: Exchange rate unification by CBN is a key part of economic recovery
BusinessFeatured

Nigeria: Exchange rate unification by CBN is a key part of economic recovery

NESG submits reports on achieving resilient economic growth in 2021, says exchange rate unification by CBN is key. In order…

Christina NgeneApril 21, 2021April 21, 2021
Minimal Gain Recorded In Exchange Rate At The NAFEX Window
Finance

Minimal Gain Recorded In Exchange Rate At The NAFEX Window

The exchange rate at the NAFEX window in Nigeria gained minimally on Monday, August 17, 2020, as it closed at…

Christina NgeneAugust 19, 2020August 19, 2020
Different Exchange Rates Of Nigerian Naira Explained
Finance

Different Exchange Rates Of Nigerian Naira Explained

After a 5.5% devaluation of the naira to 381 per dollar, trading has been chaotic and Central Bank is the…

Christina NgeneJuly 16, 2020July 16, 2020
Naira Drops as Exchange Rates in Nigeria to Be Unified
BusinessFinance

Naira Drops as Exchange Rates in Nigeria to Be Unified

There has been an indication that the weakening reserves of Nigeria would necessitate conservation as the Minister of Finance Zainab…

Christina NgeneJune 17, 2020June 17, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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