naira devaluation

http://venturesafrica.com/further-devaluation-of-the-nigerian-naira-very-likely/

https://www.vanguardngr.com/2020/03/cbn-devalues-naira-as-analysts-appraise-market-situation/

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira. According to Emefiele’s recent stance, naira devaluation will not be happening anytime soon. Emefiele reportedly stated that Nigeria’s reserves level...

Investors have called for another round of naira devaluation by the CBN despite the recent increase of the country's foreign reserves. According to Standard Chartered Plc and London-based Duet Asset Management CBN needs to devalue the naira and loosen capital controls. Ayodele Salami...

A Nigerian Senator, Ben Murray-Bruce, senator representing Bayelsa east senatorial district, has faulted European Union's call for further devaluation of Nigeria's currency. A European Union (EU) had on Tuesday advised the federal government to devalue the naira as part of measures to tackle...

A European Union (EU) has advised the federal government to devalue the naira as part of measures to tackle the economic recession. An official, Fillippo Amato, Counsellor, Head of Trade and Economics Section of EU, made this known in an interview with journalists yesterday. The naira...

Dangote Cement Plc, Africa’s largest cement producer, has announced an update on trading activities and its plans to convert some of its power plants to coal powered plants. According to the firm on Wednesday, sales growth remained strong in Nigeria with volumes up 15% in July and August...

President Muhammadu Buhari's Minister of Agriculture, Audu Ogbeh has said that he does not believe in the devaluation of the Naira. Speaking at the Town Hall Meeting and Policy Dialogue on Good Governance in Abuja on Tuesday, the minister said Nigeria has been heading for disaster since 1986...

President Muhammadu Buhari in Abuja yesterday, told editors and newspaper executives in a brief interview to mark the administration’s first year in office that the biggest shock he had during the past year as President. On Naira Devaluation: He said in the course of its history Nigeria...

The Senate has summoned the Minister of Finance,Kemi Adeosun and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to brief the senate on the current state of the economy especially with the imminent plans to effect naira devaluation. The decision followed a Motion on the...

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...

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...

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...

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...