Africa’s largest economy has displayed resilience over the past few months. From defending against the COVID-19 menace to battling untamed inflation and shouldering domestic risks. Initially, the economic outlook was
Tag "naira"
Zainab Ahmed, minister of finance, budget and national planning, says unifying the exchange rate will not occur overnight. She was speaking during the maiden edition of state house briefing at
The International Monetary Fund (IMF) has advised the federal government to raise value-added tax to at least 10 percent by 2022. In a country focus article published on Monday, the
Bismarck Rewane, managing director of Financial Derivatives Company, has projected that the naira will depreciate to N420 against the dollar on the official window by the end of 2021. Rewane
The naira on Thursday traded at N410 per dollar in the import and export (I&E) window against the previous rate
Firms expect the naira to fall deeper in January 2021, according to a new report by the Central Bank of
Shubham Chaudhuri, World Bank country director for Nigeria, says Nigeria needs more monetary reform in order to access $1.5 billion
After hitting a four year low on Monday, the naira has staged a minor rebound due to a broadly weaker
For the second consecutive day, the naira has firmed up against the dollar. It is currently trading at N470 to
The naira, on Tuesday, appreciated by 2 percent at N490 per dollar in the parallel market, but weakened by 1
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