Tag: Exchange rate

SPOTLIGHT: Challenges facing exporters in Nigeria

Exporters in Nigeria continue to operate in a space shaped by shifting policies, high operational costs and difficult…

Naira Exchange Rate — What the Numbers Reveal About the Economy

Let’s get right to the numbers, the official USD to naira rate was about ₦1,462 per US dollar…

Nigeria needs more currency reform to access $1.5bn loan, says World Bank director

World Bank country director for Nigeria, Shubham Chaudhuri has stated that Nigeria needs more monetary reform in order…

Naira exchanges for N457/$ at the parallel market

Naira has gained after it exchanged for N457 per dollar at the parallel Market on Tuesday. This is…

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