Experts on how naira is reacting to proposed redesigning
Experts have attributed the sudden appreciation of the naira in the foreign exchange market last week to the interplay of different factors.
Source: guardian.ng
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Experts weigh in on how the naira is reacting to proposed changes
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Source: thenews-chronicle.com
Why discord over Naira redesign may undermine economy
The latest altercation between the Central Bank of Nigeria (CBN) and the Ministry of Finance, Budget and National Planning on redesigning the Naira has for the umpteenth time exposed the level of lack of coordination....
Source: guardian.ng
CBN reverses course and adopts a tough stance against increasing inflation
The Central Bank of Nigeria's (CBN) rate-setting arm reversed course on its stance on the country's rising inflation yesterday, raising
Source: thenews-chronicle.com
Breaking News | Electricity tariff to go haywire as govt withdraws subsidy
• Aremu says spike indicates hard year for workers The Nigerian Electricity Regulatory Commission (NERC) confirmed, yesterday, that some electricity consumers in the country would pay more for energy to reflect inflation trend and Foreign Exchange reality. That is what the Multi Year Tariff Order (MYTO) recommends for the sector. Although the MYTO for other distribution companies, apart from the Ibadan DisCo, was not released by NERC at the time of filing this report, consumer may need to get ready for increase in tariff from now to 2024. There are also indications that the Federal Govern...
Source: thestreetjournal.org