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Naira Rebounds at The Official I&E Window

Naira Rebounds at The Official I&E Window   After several days of volatility, the naira rebounded at the official I&E Window on Tuesday, closing at N878.61/$1 against the N925.34/$1 it closed on Monday. The latest indicates a major improvement in the value of the local currency which...

Beyond Aboki: The Ifekaego Foreign Exchange Tutorial, by Kingsley Moghalu

Beyond Aboki: The Ifekaego Foreign Exchange Tutorial, by Kingsley Moghalu         The most important determinant of the value of the Naira is whether or not the Nigerian economy is productive and competitive in international trade. That is to say, whether it has a diversified base of...