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Rethink reform strategies, IMF advises Nigeria

Against the backdrop of frustrations faced by the general public in Nigeria and some other Sub-Saharan African countries undergoing economic reforms, the International Monetary Fund, IMF, has rolled out a set of recommendations on how to make the reforms acceptable and supported by the citizens.

Naira appreciates to N1,735/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weekend. However, the Naira depreciated to N1,690.37 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,690.37 per dollar from N1,652.25 […]

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