With moves by the monetary authorities to unify the Naira foreign exchange rates gaining traction, economic analysts believe that the step may impact positively on the economy if the increased naira inflow into the federation account is judiciously utilized by the tiers of government.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN 'devalues' Naira againThe new rate is believed to be in line with the apex bank’s efforts to unify the exchange rate.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
CBN bows to pressure, devalues naira againThe country’s fiscal state faces tougher times as the Central Bank of Nigeria (CBN) bowed to pressure, last week, and further devalued the local currency.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
CBN devalues naira by 5.54% - The Nation NigeriaAfter several months of speculations, the Central Bank of Nigeria (cenbank) has finally devalued the naira at the official market by 5.54 per cent.
Source: TheNationNews - 🏆 6. / 69 Read more »
Exchange rate unification: CBN devalues naira to 380.5 in official marketCBN moved closer unifying exchange rates in the official market and I&E window, as it devalued the naira to 380.5 per dollar official market
Source: vanguardngrnews - 🏆 5. / 75 Read more »
CBN debits banks N122bn, moves to unify exchange rates|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »
Ekiti, CBN partner to empower 1,000 farmers- The Nation Nigeria NewsEkiti State government has signed a partnership deal with the Central Bank of Nigeria (CBN) to empower 1,000 farmers in the state for commercial
Source: TheNationNews - 🏆 6. / 69 Read more »