Nigeria: NGF Calls for Urgent Solutions to Inflation, Naira Depreciation, Insecurity
The Nigeria Governors' Forum (NGF) has called for urgent discussion among stakeholders to address food inflation, naira depreciation, and rising ...
Tag: Naira
Nigeria: Naira – Comedy Inside a Tragedy
On Sunday, August 15, 1971, the United States economy was literally facing a firing squad. The Dollar was in a ...
Nigeria: No Plans to Convert $30bn Domiciliary Deposits to Naira – CBN
Describing these allegations as completely false, the CBN asserts that the intention behind such reports is to instigate panic within ...
Nigeria: Naira Hits Record Low At Official Market
The Naira hit a record low at the official market on Tuesday to exchange at N848.12 per $1 The Naira ...
Nigeria’s Private Sector Reports Poor Growth Amid Weakening Naira
The Stanbic IBTC's Nigeria's Purchasing Manager Index (PMI), which gauges the overall direction the economy is heading and the health ...
Nigeria: Naira Falls Further to N995/$ On Parallel Mkt, Edun Blames $6.8bn Backlog for Currency’s Woes
The naira declined further on the parallel market arm of the foreign exchange (FX) market to N995 to a dollar, ...
Nigeria: Stabilise Naira, End Corruption to Unlock Nigeria’s Success – U.S. Treasury’s Adeyemo Tells Tinubu
U.S. Deputy Treasury Secretary, Wally Adeyemo on Monday advised President Bola Tinubu-led government to stabilize Naira and fight corruption to ...
Nigeria: FrieslandCampina Nigeria Expects No Early Recovery After Weakening Naira Shot Forex Expense to N18.6bn
At N18.6 billion, foreign currency costs ate up what was posted in gross profit, throwing its bottom line into a ...
Nigeria: Naira Strengthens At I&E Window, Closes At N791.42
The naira gains marginally on the spot market on Tuesday, closing at N791.42 to a dollar. The Naira appreciated slightly ...
Nigeria: Accidents Persist as Drivers Abandon Multi-Billion Naira Trailer Parks
Accidents occasioned by activities of heavy duty vehicles have failed to abate despite the construction of trailer parks along the ...
