History and wisdom call for fixed exchange rate
The Nigerian economy experienced three major shocks in recent time. The first one was the fall in global crude prices from over $100 to below $50.
Nigeria’s road to economic salvation
As Nigeria’s economy contracts owing to low oil prices, domestic challenges of being unable to meet previous oil production levels, the country of Champaigne drinkers has been overtaken by recession.
New forex regime: Risks, opportunities, by accountants, market operators
The newly adopted flexible exchange rate policy, which operations kicked-off on Monday, may have been described as a mix of risks and opportunities.
New forex deal makes N282 to dollar at CBN’s $4b offer
The CBN yesterday executed over $4 billion in foreign exchange transactions as the new exchange rate regime begins, while the defied all forecasts and traded at between N253 and N281.5 to the dollar.
New foreign exchange policy will attract portfolio investors, says economist
An economist, Dr Aminu Usman says the new Foreign Exchange (FX) policy recently introduced by the Central Bank of Nigeria (CBN) will encourage portfolio investors to return to the economy.
Aviation sector buckles amidst forex scarcity
United Airlines last week shocked many people with the plan to stop flying into Nigeria effective July 2016. But for many industry watchers, it was an announcement that was long in coming.
2ND QUARTER: Which Way Nigeria?
Walks are great for a number of reasons. They help you get in shape, it’s a good way to build endurance and clear your head when you’re stressed, and, more recently, walks are great for when you really want to put things in perspective. If you think you have things rough right now, just take…