Currency strength serves as a key indicator of a nation’s economic health, political stability and financial policies. While numerous factors influence currency values, consistent economic performance ...

The Naira closed the week strong, trading at N1,480 per US Dollar at the official foreign exchange market, with similar gains recorded in the parallel market. According to data from the CBN, the naira ...

This weakness can result from various factors, including economic mismanagement, soaring inflation, political instability, trade imbalances, and external economic shocks such as global recessions or ...

Clamor for the precious metal is growing as the buying power of the country’s currency plunges in value against the dollar, and inflation eats away at savings. By Vivian Yee and Nada Rashwan For this ...