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The recent free fall of Nigerian currency, naira has put many businesses in Nigerians into a halt while the prices of many commodities have skyrocketed. However, while many Nigerians are crying because of this others who are ‘opportune’ see this period...

By Dayo Adesulu, Tare Youdeowei, Elizabeth Uwandu & Tivere Ogbakpah Last week, when the Central Bank of Nigeria, CBN, rolled out its foreign exchange monetary policy, it was perceived by many Nigerian students as a step in the right direction aimed...

– The Naira has plunged more than 70% in the black market as against the parallel market – Parallel market traders as at yesterday was selling at N400 – USD1 – The widening premium between the parallel market rates and the official rates have worsened...

- Godwin Emefiele Mr. Emefiele’s presentation was titled Entrenching Macroeconomic Stability and Engendering Economic Development in Nigeria, Full text of inaugural speech of the new Governor of Central Bank Nigeria (CBN), on Thursday, June 05, 2...

Foreign investors repatriating profits and others exiting the Nigeria equities and bond markets last week triggered a rise in foreign exchange (forex) disbursement by leading banks. Many of the investors, after liquidating their investments, secured...