Tag: Central Bank of Nigeria
Naira Holds Ground as Reserves Hit Best Level Since 2009
LAGOS — Nigeria's currency held relatively steady this week even as the naira traded around 1,410 to the…
Nigeria Foreign Reserves Hit 51 Billion Dollars, Highest in 17 Years
ABUJA — Nigeria's foreign exchange reserves rose to 51.04 billion dollars this week, the highest level in 17…
THE ILLUSION OF MARKET RECOVERY: Why Paper Appreciation of the Naira Cannot Cure Underlying Structural Liquidity Defects
The central banking authorities of the federation have eagerly stepped forward to claim credit for a sequence of…
