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Reasons for Nairas appreciation against the dollar – Opinion Nigeria

Nnamdi Nwizu, co-founder of Comercio Partners Limited, an investment bank, has stated that the naira's consistent gain is due to the policies of the apex bank, which is managed by Dr. Olayemi Cardoso.

Nigeria , Nnamdi-nwizu , Olayemi-cardoso , Bureau-de-change , Central-bank , Comercio-partners , Bureaux-de-change , Comercio-partners-limited , Foreign-portfolio-investment , Dollar , Naira , Nigerians

CBN jerks up benchmark interest rate to 22. 75 %

CBN jerks up benchmark interest rate to 22. 75 %
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Abuja , Abuja-federal-capital-territory , Nigeria , Nigerians , Nigerian , Peter-egwuatu-nkiru-nnorom , David-adonri , Tunde-abioye , Emma-ujah , Olayemi-cardoso , Uche-uwaleke , Babajide-komolafe

Uncertainty rules currency markets as external reserves rise

Uncertainty rules currency markets as external reserves rise
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External reserves rise, uncertainty rules currency markets – Opinion Nigeria

Highlighting the fundamental issues, he said: “The Naira is on a continuous fall due to the following: Limited Supply of Dollar: Nigeria’s major source of Foreign Exchange (FX) is crude oil exports. Nevertheless, crude oil production has fallen short of OPEC’s quota due to several challenges, resulting in a reduction in FX earnings.

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Non-Oil export falls 24% to $4.46bn — CBN data

Non-Oil export falls 24% to $4.46bn — CBN data
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Nigeria , Tinubu , Lagos , Nigerian , Marcel-okeke , Babajide-komolafe , Nnamdi-nwizu , While-the-central-bank , Comercio-partners , Economist-of-zenith-international-bank-plc , Non-oil , Central-bank

2024 economic outlook gloomy as analysts list weak links

2024 economic outlook gloomy as analysts list weak links
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China , Port-harcourt , Rivers , Nigeria , Wyoming , United-states , Lagos , Naira , Xizang , Nigerian , Obas-esiedesa-elizabeth-adegbesan , Ibukun-omoyeni

NLC, NECA, LP, others fire NASS for raising 2024 budget by N1.2trn

NLC, NECA, LP, others fire NASS for raising 2024 budget by N1.2trn
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Labour, NECA, LP, others tackle National Assembly for raising 2024 budget by N1.2trn

Labour, NECA, LP, others tackle National Assembly for raising 2024 budget by N1.2trn
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Exchange rate: NECA, experts disagree on FG's target

Exchange rate: NECA, experts disagree on FG's target
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Lagos , Nigeria , Abuja , Abuja-federal-capital-territory , Nigerians , Nigerian , Nnamdi-nwizu , Bola-tinubu , Ambrose-omordion , Peter-egwuatu , Garba-kurfi , Olatunde-amolegbe

Naira to Dollar exchange rate: NECA, experts disagree on FG's target – Opinion Nigeria

On his part, Ambrose Omordion, an analyst at Invesdata Consulting Limited, said the exchange rate goal is possible, arguing, however, that dollar inflow from the World Bank and other multilateral organisations will help boost the nation’s foreign exchange earnings.

Nigeria , Abuja , Abuja-federal-capital-territory , Nigerian , Nigerians , Ambrose-omordion , Nnamdi-nwizu , Olatunde-amolegbe , Garba-kurfi , Kashim-shettima , Bola-tinubu , Comercio-partners