Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market on Thursday as

Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472 to a dollar on

As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment, investors seem to be

As Nigeria grapples with falling revenue and depreciating oil prices, members of the organised private sector have expressed worry

Charles Abuede A weakening naira is what analysts are holding to account for a continuous rise in Nigeria’s inflation as the country’s

Nigeria’s stock of money in circulation stood at N2.29 trillion at the end of June 2020, representing a decline of N52.5bn from

By Omobayo Azeez Indications are rife that by the end of this year, Naira, Nigeria’s local currency will be further devalued to

In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued the

AS NIGERIA CONTINUES TO DEAL WITH THE economic shock of the global shutdown brought on by the pandemic, the inherent weakness of

The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following the resumption of