How a Dollar Can Exchange for N160 in Nigeria, by Prof. Ahmed Adamu
The recent free fall of the Naira, plummeting from N460 to a staggering N1,600 at the official rate, has cast a dark shadow over Nigeria's economic landscape. With inflation soaring from 22%...
CBN Adjusts Exchange Rate To N381/$ On FMDQ
The Central Bank of Nigeria on Tuesday officially devalued naira to exchange to the dollar at N381/$ on the Importer & Exporter window.
The data obtained on the website of FMDQ OTC Securities Exchange on the CBN official...
Expert Predicts Exchange Rate At N395/$1 In 2019
Expert at Renaissance Capital has opined that the naira will have to weaken in 2019 to keep it from becoming (too) overvalued predicting that the foreign exchange rate would be N395/$1 in 2019 as against the N360/$1...
To Support Non-Oil Sector, Stakeholders Canvass Efficient Commodity Exchange
Capital market stakeholders have called for concerted efforts towards establishing a functional commodities exchange in Nigeria, stating that this would support the non-oil sector to become a major export earner for the country.
Commodities referred to as...
