Tag: naira

This week, the Monetary Policy Committee (MPC) of Nigeria’s Central Bank devalued the country’s naira from N155 to N168 a dollar. Falling global oil prices and depleting foreign reserves meant ...

Falling oil prices may be a major cause of the current decline in the value of the naira, but it is not the only one. Among the several factors mitigating ...

GWAGWALADA (FCT) - Dr. Obida Wafure of the Economics Department, University of Abuja, says the recent devaluation of naira by the Central Bank of Nigeria (CBN) will have positive and ...

Abuja- All Progressives Congress (APC) has critised devaluation of naira and described the development as not healthy for Nigeria’s economy. The National Publicity Secretary of APC, Alhaji Lai Mohammed, on ...