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

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

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 ...