Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate
Nigeria aims to implement new foreign exchange regulations to close the naira's significant gap with the unofficial rate and achieve ...
Tag: Economic Policy
Nigeria Seeks $7 Billion from NLNG Dividends to Address Forex Shortage
Nigeria is pursuing a strategy to securitize five years' worth of dividends from the Nigerian LNG Limited (NLNG), with the ...
Nigerian Senate Gears Up for Busy Session: CBN Governor Confirmation Tops Agenda
As the 10th Senate reconvenes following its annual recess, expectations are running high for the expeditious confirmation of Olayemi Cardoso ...
Lending-Savings Gap Widens in Nigerian Banking Sector: July Data Reveals 22.14% Increase
The disparity between the maximum lending rate and savings deposit rate within Nigeria's banking sector witnessed a significant expansion of ...
CBN raises interest rate to 18.75% Amid Economic Fluctuation
In its first Monetary Policy Committee (MPC) meeting under the Tinubu administration, the Central Bank of Nigeria (CBN) has opted ...
Widening Gap After Exchange Rate Unification: I&E Window vs. Parallel Market Rate.
The recent unification of the exchange rate in Nigeria aimed to close the gap between the Investors and Exporters (I&E) ...
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