The Nigerian economy has faced headwinds in recent months, with concerns surrounding inflation and currency weakness. However, a glimmer of hope emerged in April 2024. According to the latest Purchasing…
CEM REPORT, CURRENCY| The Nigerian Naira is experiencing a remarkable turnaround, defying earlier predictions of a steep decline. On Tuesday, the Naira reached a high of ₦1,000 per US dollar…
CEM REPORT , MARKET | The Nigerian foreign exchange market witnessed a surprising development on Wednesday, March 13th, 2024, with the official and parallel market rates for the Naira/US dollar,…
CEM REPORT, FINANCE | The Nigerian Naira clawed back some ground against the US Dollar on Monday, buoyed by a decline in dollar supply at the official foreign exchange market…
CEM REPORT, MARKET | The Nigerian naira appears poised for a rebound, according to a recent report by global investment bank Goldman Sachs. The bank predicts a significant appreciation of…
CEM REPORT. MARKET | The Nigerian Naira displayed encouraging signs against the US Dollar in the official market, concluding the week at ₦1,548.25/$1. This represented a rise compared to the…
CEM ANALYSIS, ECONOMY | Experts have continued to react to the decision by the Monetary Policy Committee to increase interest rate as an effort to tame the roaring inflation in…
CEM REPORT, MARKET | The Nigerian Naira strengthened significantly against the US Dollar on the parallel market, also known as the black market, following the Central Bank of Nigeria’s (CBN)…
CEM REPORT, FINANCE | Nigeria’s External reserve currently stands at 33.116 billion dollars as at 8th of February, 2024 according to the data obtained from the Central Bank of Nigeria…
CEM REPORT, FINANCE | Nigeria’s naira is making a comeback, defying recent depreciation against the US dollar in both official and parallel markets. This surge follows bold moves by the…