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Naira stability

Naira Stability: Analysts Project Nigeria’s FX Reserves To Hit $41bn By Year End

Analysts have projected that with the naira continuing its gains, Nigeria’s foreign exchange (FX) reserves would reach $41 billion by the end of the year, slightly more than what was recorded in 2024. CardinalStone, a Lagos-based research and investment firm, made this prediction

July 9, 2025

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Currency·Finance & Economy

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Prof. Kingsley Moghalu, has urged the Nigerian government to focus on dealing with real issues affecting production in the country to achieve stability of the naira.

April 30, 2024

Business·News

Naira Speculators To Burn Their Fingers As Nigerian Govt Evolves New FX Stability Measure

The Nigerian government has announced plans to automate transactions in the entire foreign exchange market in order to close wide arbitrage and punish naira speculators. This is towards ensuring that all dealings in the foreign exchange (forex) market – from the official

October 24, 2023

Business·News

Oshiomhole Urges Government Intervention For Naira Stability

Senator Adams Oshiomhole has called for government intervention to rescue the beleaguered Nigerian naira, challenging the prevailing belief in the efficacy of market forces. Speaking on the Senate floor during the screening of CBN governor nominee Yemi Cardoso and four other deputies,

September 27, 2023

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Naira stability

Naira Stability: Analysts Project Nigeria’s FX Reserves To Hit $41bn By Year End

Forex Crisis: Let’s Deal With Real Issues Of Boosting Production To Stabilise Naira – Moghalu

Naira Speculators To Burn Their Fingers As Nigerian Govt Evolves New FX Stability Measure

Oshiomhole Urges Government Intervention For Naira Stability

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