Tag
DEVALUATION
Nigeria's external reserve continues to plunge, as it heads to its lowest position in four years and a year-to-date decline of over $2 billion.
The exchange rate also depreciated against the US dollar at the parallel market to close at N503/$1 compared to N502/$1 recorded on Tuesday.
Pension Contributors on the receiving end as devaluation and high inflation rate wipe out what's left of their returns
Governor, Godwin Emefiele clarifies the supposed devaluation of Naira. Says it is an adjustment of price and not a devaluation of the currency.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira.
Nigeria has a cumulative current account deficit of $9.1 billion and BOP of $4 billion as of the third quarter of 2019
Billionaire Investor, George Soros has said that the strong dollar and the termination of the Iran Nuclear deal by the United States, is a major global threat to the European Union and to emerging markets like Nigeria.