TheNewsGuru

Tag: Single Exchange Rates

  • Gov. Obaseki and FG clash over subsidy removal

    Gov. Obaseki and FG clash over subsidy removal

    —

    by

    Oghenekevwe Uchechukwu
    in ,

    As the effects of subsidy removal continue to take a toll on the Nigerian populace, Governor Godwin Obaseki of Edo State has delivered a scathing critique of the federal government’s approach, asserting that they failed to develop a well-thought-out and workable strategy for the nation’s economic stability. Governor Obaseki’s remarks, made during a press conference…

  • Nigeria Mulls Single Exchange Rates Regime

    Nigeria Mulls Single Exchange Rates Regime

    —

    by

    Olaotan Falade
    in ,

    Nigeria is considering a unified exchange rate regime to generate more local currency from its dollar inflows and manage the rate in a sustainable manner. A document from the Ministry of Finance, Budget, and National Planning on Abuja, signed by the Minister of Finance, Mrs Zainab Ahmed, was cited by Reuters as the source of…