July 21, 2o16/Punch By Oyetunji Abioye Economists on Wednesday advised the Federal Government and the Central Bank of Nigeria to review their policies and introduce measures that would turn around the dwindling fortunes of the nation’s economy. They spoke against the backdrop of the persistent fall of the naira against […]

July 20, 2016/Reuters Nigeria’s naira was stuck at a record closing low of 292.90 to the dollar on Wednesday after just one transaction was carried out, with the supply of dollars drying up and no intervention by the central bank, traders said. The naira was unchanged from Tuesday’s close after […]

20/7/2016/Punch By Oyetunji Abioye The naira fell against the dollar at the interbank and parallel markets on Tuesday as inadequate foreign exchange liquidity at the interbank market continued to mount pressure on the naira. The naira has been falling steadily at the interbank market after the Central Bank of Nigeria […]