External reserves fall $1.65bn in six months over naira devaluation
Nigeria’s foreign exchange reserves have fallen by $1.6bn to $32.97bn since the Central Bank of Nigeria tried to unify the country’s foreign exchange rates. On
Tag : Devaluation
Inflation, devaluation push millennials away from N20 trillion stock market
Why Generation Y are shunning the stock market for Ponzi schemes, cryptocurrencies, betting Operators worry about losing market patronage on the exit of the older
Devaluation? CBN sells dollar at N380/$
The Central Bank of Nigeria(CBN) has moved the FX sales rate to FPIs to N380.2/$, from N366.7/$, in a move that suggests a technical devaluation
