The naira depreciated further at the parallel market on Monday as it lost N0.5 to exchange at N242.5 to the dollar. It previously exchanged at N242 to the dollar. The
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The Nigerian foreign exchange reserves fell to a three-month-low of $30.04 billion on November 26, according to the Central Bank of Nigeria (CBN). The reserves, which fell by $60 million
Independent marketers of refined petroleum products in Nigeria have blamed building fuel queues around the country on the Central Bank’s
President Muhammadu Buhari on Tuesday said Nigeria can no longer sustain the importation of rice and other food items that
The Consumer Price Index (CPI), which measures inflation in Nigeria, dropped for the first time in 11 months to 9.3