This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...

The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...

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 Naira appreciated by N60 against the dollar at the parallel foreign exchange market on a week-on-week basis. Analysis of ...