Tag: naira

Op-Ed EditorFebruary 28, 2016

Oby Ezekwesili: Mr President, ideologies don’t deliver results for the poor

In this first of a three-part article, my aim is to get President Muhammadu Buhari to reevaluate his obvious discomfort ...

Kolapo OlapojuFebruary 28, 2016

Sanusi to Osinbajo: ‘Naira is already devalued… you’re postponing the evil day’

A former Governor of the Central Bank of Nigeria, Joseph Sanusi, has disagreed with the reluctance of the federal government ...

Op-Ed EditorFebruary 26, 2016

Opinion: The naira, dollar and the heat in our houses

I grew up in Nigeria at a time when Nigeria was still in its early developmental stage, certain areas seem ...

Kolapo OlapojuFebruary 25, 2016

Unpredictable naira settles at 300 to $1

After series of erratic fluctuations, the naira settled at 300 against the United States dollar at the parallel market on ...

Kolapo OlapojuFebruary 24, 2016

Naira on road to recovery, rises to 280 against dollar

The Nigerian currency is finally gaining momentum after over a month of sharp decline against the American greenback. The naira, ...

Adebayo EmuleomoFebruary 24, 2016

IMF to Buhari: ‘Remove restriction on access to forex’

The International Monetary Fund (IMF) has urged President Muhammadu Buhari to remove the restrictions around Nigeria’s foreign exchange policy. The ...

Op-Ed EditorFebruary 24, 2016

Opinion: Buhari, the latter-day mourners and burial undertakers of the naira

Naira, Nigeria’s national currency, has been very much in the news in the last couple of weeks. The naira is ...

Mazi EmekaFebruary 24, 2016

‘Increase in naira is artificial, people are manipulating it’ – Ifeanyi Ubah

Chief Executive Officer of Capital Oil and Gas, and a one time governorship candidate for Anambra state, Ifeanyi Ubah, on ...

Adebayo EmuleomoFebruary 22, 2016

‘I can bring the naira back to normal within a month’ – Ifeanyi Ubah

Ifeanyi Ubah, Chairman of Capital Oil and Gas has revealed that the cause of the free-fall of the naira as ...

Mazi EmekaFebruary 20, 2016

Why we won’t devalue the naira – Buhari

President Buhari has once again reiterated his earlier resolve not to devalue the Nigerian currency. The presidency asserted this in ...

Op-Ed EditorFebruary 20, 2016

Opinion: What investors should do in this period of high volatility, falling naira and no forex

The National Bureau of Statistics recently released the inflation data for January 2016, and contrary to expectations from analysts, it ...

Kolapo OlapojuFebruary 20, 2016

‘Naira would exchange for N700 to a dollar, if…’

Owing to the persistent depreciation of the value of the Nigerian currency- Naira- the Lagos Chamber of Commerce and Industry ...

Op-Ed EditorFebruary 19, 2016

Abdulsamad Rabiu: Fixing the Nigerian economy… beyond forex or naira devaluation

The Nigerian Dream, if there ever were such a notion, is facing its greatest challenge in recent times. With a ...

Op-Ed EditorFebruary 19, 2016

Opinion: After 9 months of @MBuhari, can Nigeria survive till 2019?

Nigeria’s economy is fast slipping into a state of comatose; urgent measures must be taken to salvage the situation else ...

Adebayo EmuleomoFebruary 19, 2016

Naira falls further, Nigerians react (READ)

The free falling that has characterised the naira- in recent time- continued at the parallel market on Thursday, February 18, ...

Adebayo EmuleomoFebruary 16, 2016

Northern governors to Shehu Sani: ‘You’re ignorant of the loan issue’

The Northern Governors have labeled the reaction of the Vice Chairman, Senate committee on Foreign and Domestic Debts, Senator Shehu Sani ...

Kolapo OlapojuFebruary 16, 2016

‘Things may get worse’ | Naira crashes to record low of 345/dollar

The continuous fall of the Nigerian currency- naira- reached a record low of 345 against the dollar at the parallel ...

Adebayo EmuleomoFebruary 15, 2016

Opinion: Reviving the dying economy of Nigeria, the snoring giant

On January 28th, 2016 Channels Television aired a community programme where a man in Benin, Edo State with little education ...

Adebayo EmuleomoFebruary 13, 2016

Bread, money and death (FICTION)

A young boy threading through a dying forest on a wheel barrow in Zimbabwe, trying to understand why it weighs ...

Mazi EmekaFebruary 11, 2016

‘Some people are manipulating the naira’ – Oshiomhole

Edo state Governor, Adams Oshiomhole, on Thursday, endorsed the Muhammadu Buhari administration’s refusal to devalue the naira, saying that the ...

Op-Ed EditorFebruary 1, 2016

Waziri Adio: To devalue, or not to devalue the naira? – An explainer

The debate about the appropriate value of the Naira featured prominently in the public domain last week. This prominence was ...

Janeth JJanuary 28, 2016

Further devaluation will kill the naira – Buhari

President Muhammadu Buhari has again, made it known that he would not devalue the naira. Buhari said on Thursday, that ...

Kolapo OlapojuJanuary 26, 2016

The naira will not be devalued by CBN – Emefiele

The Monetary Policy Committee (MPC) on Tuesday, voted against the devaluation of the Nigerian currency- naira. The decision puts to ...

Kolapo OlapojuJanuary 14, 2016

Naira nosedives to lowest figure in 43 years, sells at N305 per dollar

At the close of trading on Wednesday, January 13, the Nigerian foreign exchange and stock market had sunk to a ...

Adebayo EmuleomoJanuary 10, 2016

‘This president does give a damn’ | 25 quotes to note from Tunde Bakare’s State of the Nation address

Pastor Tunde Bakare, Pastor and flock leader of the Latter Rain Assembly based in Lagos, on Sunday, January 10 delivered ...

Kolapo OlapojuDecember 18, 2015

Bittersweet year-end: Naira plunges to record low, Excess Crude Account rises to $2.257bn

After selling for N269 against the United States dollar on Wednesday, the Nigerian currency- naira -crashed further on Thursday, to N280 at the ...

Adebayo EmuleomoDecember 13, 2015

Is Nigeria truly broke? See how much the country made and spent in the past few months

According to the Medium Term Expenditure Framework and Fiscal Strategy Paper (2016-2018) sent by the president to the National Assembly, the ...

Kolapo OlapojuSeptember 3, 2015

‘Buhari can’t possibly make naira equal to dollar’

A former Chairman of the Labour Party, Dan Nwanyanwu, says that President Muhammadu Buhari, will not make the Nigerian currency equal ...

Op-Ed EditorJuly 12, 2015

Simon Kolawole: Cleaning up our mess is no child’s play

by Simon Kolawole After decades of paying lip service to economic diversification, we are finally paying the price. We never ...

Op-Ed EditorJune 30, 2015

Henry Boyo: Mr. President, removing fuel subsidy will make Nigerians suffer

by Henry Boyo  Instructively however, Nigerians may change from this same melody if a N50/litre rise in petrol price pushes ...

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