Why CFA now has more value than Naira, according to Reno Omokri
Social media influencer and author, Reno Omokri, in response to a nitizen’s post, has advanced reasons the Francophone West Africa…
Omokri speaks on floating naira
“Obidients attacking Tinubu for floating the Naira and allowing market forces determine the value of our currency are being less…
Naira value to rise appreciably as $10 billion forex inflow expected in the coming weeks
Minister of Finance and Coordinating Minister of Nigeria Economy, Mr. Wale Edun has stated that about $10 billion forex inflow…
Read this to understand why naira is falling – South Korea exports for 2022 was $803.59 billion, Nigeria $47 billion
The South Korean currency is called ‘won’, and 1 United States Dollar to the South Korean Won is 1,351.44 Nigerians…
CBN denies ‘policy’ to crash exchange rate to N1.25/$
The Central Bank of Nigeria (CBN) says it is not planning to introduce a new naira policy that will crash…
External reserves fall by $915m after naira float
Nigeria’s external reserves dropped by $915m after the Central Bank of Nigeria officially floated the naira and liberalised the foreign…
UK to accept naira payments from Nigerian businesses
The British government, through its export credit agency, UK Export Finance (UKEF), says it will now accept naira payments from…
Reno Omokri raw on naira devaluation
“Naira devaluation is good for Nigeria. Devaluation reduces imports and drives exports. It will reduce our sovereign debt and also…
Why naira scarcity may take months to end
Despite efforts by the Central Bank of Nigeria (CBN) to pump more money into society to curtail the naira scarcity,…
Six urgent ways CBN can bring relief to cash-trapped Nigerians – Tinubu
The APC presidential candidate, Asiwaju Bola Ahmed Tinubu has suggested a six-point measure that the monetary authorities could use to…