Beyond Rebasing, The Nigerian Economy Has Changed By ‘Tope Fasua Well, the world economy has changed in a remarkable manner. The advent of COVID-19 marked a radical shift to the dominance of the digital economy especially. In that era, the uber-rich grew even indeterminably richer, while...

Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market to the excess dollar supply.

At a time we all advocate for a cut in governance costs, what would creating new states mean for the economy?

Naira Falls Against Dollar in Black Market The Naira continued to decline against the US dollar on Tuesday July 29, weakening further in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at ₦1,535 per dollar...

Nigeria’s financial outlook opened the month of July with an encouraging sign as the naira recorded a slight appreciation against the United States dollar, accompanied by a modest but meaningful rise in the country’s external reserves.

Naira Reverses Gains Against Dollar in Black Market The Naira has lost N15.33 of its gains against the US dollar on Monday July 28, depreciating in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at...