Finance & Economy
-
Naira depreciation: Analysts offer strategies for volatility mitigation
Financial analysts are advocating for a re-evaluation of policies to safeguard the Nigerian Naira amid escalating forex rates, despite efforts…
Read More » -
Nigeria’s money supply hits new all-time high of N93.72 trillion in January 2024
Nigeria’s broad money supply surged to a historic high of N93.72 trillion as of January 2024, marking a remarkable ascent.…
Read More » -
Cardoso, forex crisis and the limit of armchair criticism,
No pain, no gain. Any analyst with no political bias will find it curious and ironic that the same Nigerians…
Read More » -
Nigeria’s January 2024 Inflation Blues: Defying Gravity
When Isaac Newton thought of the laws of gravity, he did not have Nigeria’s Inflation rate in mind, he was…
Read More » -
NACCIMA Writes Finance Minister Wale Edun, Makes 12-Point Demands
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has written to the Finance Minister and Coordinating…
Read More » -
Nigeria’s capital importation dips 26.4% to $3.9bn in 2023
Foreign capital inflow into Nigeria dipped by 26.4% to $3.9 billion in 2023, plunging to a 17-year low since 2007…
Read More » -
CBN forex policies failing to work as exchange rate approaches N1,700/$1
The exchange rate between the naira and the dollar has depreciated to an all-time low, reaching N1,537.96/$1 at the official…
Read More » -
Nigeria’s inflation hits 29.90% in January 2024
In the latest inflation report released by the National Bureau of Statistics (NBS), Nigeria’s inflation rate for January 2024 has…
Read More » -
Naira closes above N1500/$1 amid declining forex turnover
The intra-day high reached a peak of N1,582 against the US dollar on Wednesday, accompanied by a notable decline in…
Read More » -
Cardoso :Battling to Rescue the Soul of Naira
When Oluyemi Cardoso received his mandate to head Nigeria’s Central Bank, he gave himself the task of entrenching macroeconomic stability…
Read More »