Nigeria’s Public Debt Surges by ₦8.02 Trillion in Three Months, Reaching ₦142.3 Trillion
The country’s debt stock consists of external and domestic borrowings undertaken by the Federal Government, state governments, and the Federal ...
Tag: Exchange rate
JUST IN: Exchange Rate Crosses N1,600/$1 at Parallel Market
Parallel market operators are quoting a buy price above N1,600/$1 for holders of naira looking to buy dollars, as the ...
Lower Exchange Rate, BDC Operators Tell CBN
The Association of Bureaux De Change Operators of Nigeria (ABCON ) has appealed to the Central Bank of Nigeria (CBN) ...
Navigating High Inflation: Harnessing AI, Cybersecurity and Citizen Responsibility for Economic Stability
In an increasingly digital and interconnected world, nations are turning to cutting-edge technologies such as artificial intelligence (AI) and cybersecurity ...
Naira Watch: Exchange Rate Falls to N1,602.43/$1
The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43 ...
Why FG Pegged Exchange Rate to N800/1$ in 2024 Budget – Minister
The Federal Government said on Thursday that it was conscious and strategic never to base the foreign exchange rate in ...
Expect Lower Inflation, Exchange Rate in 2024 – CBN
The Central Bank of Nigeria (CBN), Thursday, in Abuja, declared that rising inflation and exchange rates in the country will ...
Subsidy Removal | Exchange Rate Floating as Opportunities in the Fixed Income Market
Writer: LAURA FISAYO-KOLAWOLE, Head, Equities and Alternative Asset Solutions at FBNQuest Asset Management. The financial industry in Nigeria has experienced ...
CBN Dismisses Reports of Naira Devaluation, says Exchange Rate remains N465/$1
The Central Bank of Nigeria (CBN) has refuted the claim that it has devalued the naira. Isah AbdulMumin, the spokesperson ...
World Bank says Nigeria Lost $144b in 4 years over CBN Exchange Rate Policies
The Central Bank of Nigeria's (CBN) approach to managing exchange rates has drawn criticism from the World Bank once again ...
World Bank Tasks Nigerian Government to Synchronize Exchange Rates
President Malpass encouraged a decisive move toward exchange rate unification and stabilization by Nigeria, highlighting the economic benefits for the ...
