Businesses project Naira depreciation into Q1 2025 — CBN
The Central Bank of Nigeria (CBN) has reported that while businesses remain optimistic about the macroeconomic environment, they…
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Naira
Naira shortage sparks reactions over ‘exploitation’ by PoS…
A persistent shortage of cash in Nigerian banks, following last year’s controversial redesign of the naira, has driven many…
Naira hikes to N1,685/$ in parallel market
The Naira strengthened to N1,685 per dollar in the parallel market on Thursday, up from N1,695 per dollar on Wednesday.
In the…
Naira increases to N1,695/$ in parallel market
The Naira yesterday strengthened to N1,695 per dollar in the parallel market, up from N1,725 per dollar on Tuesday.
Meanwhile,…
Naira appreciates to N1,740/$ in parallel market
The Naira strengthened yesterday, appreciating to ₦1,740 per dollar in the parallel market, an improvement from ₦1,745 per dollar…
Nigeria saved $20bn from fuel subsidy removal, naira float policies –…
Minister of Finance and coordinating Minister of the economy, Wale Edun has said Nigeria has saved $20 billion from petrol subsidy…
Naira hikes to N1,735/$ in parallel market
The Naira appreciated in the parallel market yesterday, trading at N1,735 per dollar, an improvement from N1,740 per dollar…
Naira depreciates by 0.2% against dollar at official market
The Naira on Thursday, depreciated at the official market, trading at N1,650.20 to the dollar.
According to data from the FMDQ…
Naira falls to N1,740/$ in parallel market
The Naira yesterday, depreciated in the parallel market, reaching N1,740 per dollar, up from N1,735 per dollar on Tuesday.…
Naira Depreciation: Firms’ confidence in economy fall by 3.2 index points —…
Amid expectations of naira depreciation by year’s end, businesses in Nigeria have shown reduced confidence in the economy, as…