The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...
In what looked like a wrapped (good) news to Nigerians when Mr. Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), having suffered the poverty of poor Economics, recoloured ...
The Naira on Friday closed the week slightly weaker, as it lost 19 kobo against the U.S. dollar at the official market trading at N1,533.74. Data released on the official website of the Central Bank ...
The Punch on MSN
Naira’s tumultuous trajectory
Few economic variables capture Nigeria’s collective anxiety more than the naira’s exchange rate. Over the past three years, the currency has undergone one of the most turbulent episodes in its history ...
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