We didn't even know d time when naira will gain its strength against dollar 💵 permanently
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Naira to depreciate to N401$ in H2’19— Afrinvest - Vanguard News NigeriaAFRINVEST Limited, a Lagos based investment firm, has projected that the naira will depreciate to N401 per dollar in the second half of 2019 (H2’19). The firm also projected that Nigeria’s Gross Domestic Product, GDP, will grow by 2.5 percent this year as against 1.9 percent recorded in 2018. The firm made this projection in its economic outlook for 2019 titled: “On the Precipice, of the 2019 economic outlook”. Presenting the firms’ outlook compiled by the Chief Executive Officer, Mr. Ike Chioke, the Deputy Managing Director, Afrinvest, Victor Ndukauba said: “Overall, we believe the exchange rate will remain stable, especially in H1’19, since the CBN has ample reserves for interventions. What’s happening? You have CLUELESS CBN GOVNOR who only wants to print more money not looking at better policies in both fiscal and monetary plan. MBuhari should have replace the CBN Gov with someone who has worked with Sanusi Lamido the last good CBN Gov with better policies for financial sector
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Naira losses marginally against dollar at I & E window – Daily TrustThe Naira on Friday lost marginally to the dollar at the investors window, exchanging at N362.79. Market turnover at the window stood at 406.07 million dollars.ADVERTISEMENT At the official CBN window, the naira closed at N306.85 to the dollar. The naira traded flat at the parallel market exchanging at N361 to the dollar, while the …
Source: Daily Trust - 🏆 13. / 51 Read more »
Naira Losses Marginally Against Dollar At Parallel MarketThe Naira on Tuesday lost N1 to exchange at N361 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro traded at N462 and N408, respectively. At the Bureau De Change (BDC) segment, the naira was sold at N360 to the dollar, while the Pound Sterling and the Euro closed […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Naira losses marginally against dollar at parallel marketThe Naira on Tuesday lost N1 to exchange at N361 to the dollar at the parallel market in Lagos.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
‘Cashew farmers lose billions of naira in Kogi’ – Daily TrustFarmers, traders, merchants and other investors in the cashew industry in Kogi State faced a major glut and poor turnover resulting in heavy losses put at over N50 billion in the 2018 farming season. Kogi is the highest cashew producing state in Nigeria, exporting about 100 metric tonnes out of the 220 metric tonnes of …
Source: Daily Trust - 🏆 13. / 51 Read more »