NAIRA, GOING, GOING, GONE…
By OKEY ANUEYIAGU Naira, our local currency has taken a huge tumble and a nose-dive that is unprecedented in the history of any monetary instrument. The naira over a protracted period of time has almost…
Naira
EFCC, Naira Redesign And Fuel Scarcity
By Okey Ikechukwu The Economic and Financial crimes Commission (EFCC) has just announced that some state governments are poised to pay workers’ salaries in cash. Why? Are these states breakaway fraternities from the Nigerian brotherhood,…
The Naira And Its Many Enemies
By Simon Kolawole When you sow the wind, you reap the whirlwind. This always comes to mind anytime there is an outbreak of debate over the naira. It is a discussion we have been having…
Naira Depreciates By 209% In Six Years
CBN Defends Currency With $130bn, Rolls Out Tens Of Policies By Sulaimon Olanrewaju DESPITE the over $130bn deployed by the Central Bank of Nigeria (CBN) to defend the naira and a myriad of policies churned…
CBN AND THE FALLING NAIRA VALUE
Thisday Editorial The banks must be closely monitored to ensure they abide by the rules The value of Naira has continued to dwindle against the dollar and other world currencies, particularly since the beginning of…