The Chief Executive Officer of Financial Derivatives, Bismark Rewane, has revealed that the Nigerian government, through the Central Bank of Nigeria (CBN).

Rewane: FX Crisis, Energy May Ruin Many Businesses Bismark Rewane, the renowned economic expert, has expressed his optimism regarding the future of Nigeria’s currency, the naira, forecasting brighter days ahead despite its recent depreciation against major foreign currencies. Speaking on Channels Television’s Politics Today on Thursday,...

Rewane: FX Crisis, Energy May Ruin Many Businesses Bismark Rewane, the renowned economic expert, has expressed his optimism regarding the future of Nigeria’s currency, the naira, forecasting brighter days ahead despite its recent depreciation against major foreign currencies. Speaking on Channels Television’s Politics Today on Thursday,...

The naira rose to 445 against the United States dollar at the parallel market on Sunday, one week after the Central Bank of Nigeria introduced a new policy measure aimed at boosting foreign exchange supply in the market. The local currency, which had tumbled to...