All posts tagged "dollar"

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  941

  BUSINESS & ECONOMY

  To Boost Naira’s Value Further, CBN Pumps $180m

  Nigeria’s apex bank says it is unwavering in its determination to increase liquidity in the foreign exchange market. The Central Bank of...

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  970

  LEAD STORIES

  Market Forces at Work

  It’s a bitter medicine we’ve been forced to take. The Central Bank of Nigeria and many Nigerians (including me) have been uncomfortable...

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  987

  DEVELOPING

  Taming Our Addiction to Forex

  When, last week, some of my brothers – mainly importers of goods from China, Dubai and western Europe – confronted me with...

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  2.8K

  BUSINESS & ECONOMY

  It’s N250 for $1!

  Although the official exchange rate at the Central Bank of Nigeria (CBN) is about N197 per dollar, buyers of the American currency...

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  1.1K

  LEAD STORIES

  Better Ways to Tackle Poverty

  By ANIEBO NWAMU — So the International Monetary Fund (IMF) wants us to devalue the naira further. The message seems desirable in...

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  1.1K

  OPINION

  Year of the Locusts

  Somewhere in the streets of Abuja and Lagos, each of several people is paying N202.50kobo for one American dollar. I have for...