naira devaluation

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    Business Nigeria's Apex Bank, CBN Reacts To Naira Devaluation Reports

    Nigeria’s Apex bank, the Central Bank of Nigeria has reacted to various reports that the Naira had secretly been devalued to N290 to a dollar. The CBN denied the reports and any plans to devalue the Naira in the future. The bank’s Acting Director, Corporate Communications, Isaac Okoroafor...
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    Business 5 Prominent Nigerians Speak About Naira Devaluation

    Some prominent Nigerians have spoken for and against the devaluation of the naira. Read what five of them have said about the it... Adams Ohiomhole, Edo State Governor: Naira devaluation won’t help Nigerian economy “Even if we devalue by 300 per cent, it will not curb the appetite of the...
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    Politics President Buhari Speaks on Naira Devaluation

    President Muhammadu Buhari has once again throw his back against the devaluation of Nigeria's currency. Buhari insisted that he is yet to be convinced that the vast majority of ordinary Nigerians will derive any tangible benefit from naira devaluation. Presidential spokesman Femi Adesina...
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    Business Nigeria Economics Loses to Politics as Buhari Takes Naira Stand [Bloomberg]

    Bloomberg, the privately held financial software, data, and media company headquartered in Midtown Manhattan, New York City has written another mindblowing piece on President Muhamamdu Buhari's stand on naira devaluation and how it has favoured politics more than the economy of Nigeria...
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