Economist Bismark Rewane has backed the Central Bank of Nigeria’s (CBN) foreign exchange policies, stating that supporting an undervalued currency ...

This marks a 0.24 per cent increase compared to Friday, Feb. 21, when the local currency closed at N1,500.73 to the Dollar.

However, Rewane explained today that the CBN intervening in the FX market is playing its role in maintaining external ...

Naira’s rally in recent times hasn’t been solely due to direct interventions by the central bank. Bismarck Rewane, CEO of ...

The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) last week halted its policy rate tightening cycle at the first meeting of the year, marking the first pause since May 2022 ...

Excerpts from the recently released autobiography of Ibrahim Babangida, former military head of state, and the controversy ...

The series of reforms that the Central Bank of Nigeria has implemented under the leadership of the Governor, Mr Olayemi ...

In May 2022, the MPR moved to 13 per cent up from 11.5 per cent. By the end of 2023, the monetary policy rate (MPR) stood at 18 per cent ...