Nigerian Naira hits All-Time Low, losing 72% of its value since June reforms
The Nigerian naira has reached a new record low this week, with attempts to stabilize the currency through record-high fixed-income ...
Tag: Olayemi Cardoso
Nigeria’s Foreign Reserves hit $40.2bn as Naira defence eases
Nigeria's foreign reserves increased to $40.2 billion in October 2024, up from $38.4 billion in September, according to Central Bank ...
CBN hikes Interest Rate by 50 basis points
The Central Bank of Nigeria (CBN) has increased its interest rate by 50 basis points, moving from 26.25% to 26.75%. ...
