The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current levels.Managing director/CEO of Lagos-based Financial Derivatives Company, ...

Excerpts from the recently released autobiography of Ibrahim Babangida, former military head of state, and the controversy ...

The series of reforms that the Central Bank of Nigeria has implemented under the leadership of the Governor, Mr Olayemi ...

Good morning! Here is today’s summary from Nigerian Newspapers: 1. The National Industrial Court sitting in Lagos has ordered ...

Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the ...

The naira’s recent appreciation is largely driven by the $8 billion the federal government has injected to stabilize the ...

But the naira maintained stability across foreign exchange (FX) markets despite steady decline in external reserves that have ...

The steady appreciation of the naira was as a result of some $8 billion the federal government had used to keep it up to its ...

The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This ...