Tags » Nigerian Economy

Efforts To Save The Naira Failed As Nigerian Currency Rates N500 To $1

FOREX: $1 Goes For N500

Efforts To Save The Naira Have Crumbled – IMF

Abuja & Lagos (New Telegraph) – The naira fell close to N500 against the dollar on the parallel market due to dollar shortages yesterday as Bureaux De Change (BDC) operators set their quotes for dollar purchases at N399/$ for next week, traders said . 446 more words


Nigera's cost of living index

The cost of living of a particular country is the cost of maintaining a certain standard of living in it. Usually, calculating the cost of living for a country is done in comparison to a certain standard of living in different geographic areas. 22 more words


How Buhari's Wrong Policies Threw Economy Into Recession |The Republican News

                                              Buhari & Emefiele

It is a tale of hunger, anguish, mass job losses, low purchasing power, factory closures and bankruptcy as Nigeria battles with its arguably worst ever recession. 2,901 more words


Dangote Foresees Nigeria’s Economic Rebound Soon

Africa’s richest man of Nigerian birth, Aliko Dangote, has expressed optimism in the rapid economic recovery for Nigeria saying that despite the recessive economy and downturn in economic activities, Nigeria will come out of it stronger as a self-reliant economic power house . 139 more words

Aliko Dangote

CBN To Eliminate Forex Black Market – Adeosun

Abuja (New Telegraph) — The Central Bank of Nigeria (CBN) will try to eliminate the gap in exchange rate against the dollar between the official and black markets, the Minister of Finance, Mrs. 593 more words



Dear President Muhammadu Buhari, compliments of the season. I wish that I can have the privilege like my great friend the Minister of Transport to put a word in your ear now and again but it is already well established that wishes are not horses. 1,237 more words



Last week the monetary policy committee (MPC) of the Central Bank of Nigeria voted to leave its key policy rate unchanged at the record 14% level despite fresh data on Monday indicating that the economy shrank for the third consecutive quarter. 1,421 more words

Nigerian Economy