
BY EMEKA EJERE Huge capital flight arising from the spate of divestments by the international oil companies (IOCs) from the Nigerian oil and gas sector is...

The Nigerian naira depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market on Tuesday, exchanging from N607 to the dollar....

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has, rejected calls for adopting a clean float foreign exchange management approach. Emefiele’s stance comes amid...

BY EMEKA EJERE Amidst concerted efforts by the Central Bank of Nigeria (CBN) to achieve stability in the foreign exchange market, the country is witnessing an...