Business Federal Government Adopts N800 To Dollar Exchange Rate For 2024 Budget, Citing Stability ConcernsBy Editor FrancisJanuary 12, 20240 In a press briefing on Thursday, the Federal Government of Nigeria disclosed its decision to set the exchange rate at…
CBN Naira Exchange Rate Woes Persist As CBN Fails To Clear Forex Debts; Black Market Hits 995/$By Editor FrancisSeptember 25, 20230 Over two weeks after the Central Bank of Nigeria (CBN) pledged to settle over $10 billion in foreign exchange debts…
Business Naira’s Precipitous Drop To N920 Sparks Discussion On Currency Management StrategiesBy Editor FrancisAugust 10, 20230 The Nigerian naira reached an unprecedented nadir on Wednesday, plummeting to an alarming N920 against the US dollar in the…