FG vows tough measures against traders inflating commodity prices

The federal government has threatened to take stringent regulatory measures against traders who unfairly inflate prices of goods and...

Forex unification: Experts worried as naira loses 15.84% to dollar in two weeks

Experts are worried as the naira lost 15.84 per cent to the dollar in two weeks to close at...
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CBN refutes devaluing naira to N630/$1

THE Central Bank of Nigeria (CBN) has debunked media reports it has devalued the country's currency, the naira, against...

CBN extends Naira 4 Dollar scheme beyond May 8

THE Central Bank of Nigeria (CBN) has extended the deadline for the Naira 4 Dollar scheme introduced in March...
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Naira depreciates to its weakest level since 2017 in black market

Nigerian currency, the Naira has depreciated to its weakest level since February 2017 in the unofficial black market after...

Can More Dollar Supply Stabilise the Naira?

No amount of dollar supply will meet Nigerians explicit and latent demand for dollar, so the only possible measure is the control of its demand.
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