CBN sanction threat easing Naira pressure

CBN sanction threat easing Naira pressure The Naira held steady against the dollar, trading at levels of 478 in the parallel market, as the Central Bank of Nigeria’s Monetary Policy Committee kept its key rate unchanged at 11.5% in a bid to prevent further inflationary pressure and exchange rate weakening. Beyond rates policy, in a […]

[Webinar] United States of Naira: What Price For Unification?

Nigeria’s central bank has begun the journey from multiple official and unofficial exchange rates to a single unified value. It’s a radical departure that the IMF and investors have long advocated. But how much difference will a unified rate make to foreign investment, international trade and borrowing costs? And how much further does the official […]