Vice-President Kashim Shettima says clowns are celebrating the impending implosion of Nigeria’s economy after the naira depreciated to N1,500 on Tuesday. He spoke on Wednesday at a public engagement on
Tag "Naira depreciation"
Bloomberg, a US-based media organisation, on Friday, predicted that the naira will decline further in 2024. According to the publication, the naira is poised for its worst year since the
Nigeria’s local currency, the naira, has set a new record, falling to its lowest against the dollar at the parallel market. Currency traders in Lagos, also known as Bureaux De
The naira has plunged further against the dollar at the parallel section of the foreign exchange (FX) market. Bureaux De Change operators (BDCs), who spoke to TheCable on Friday, quoted
The World Bank says the naira, Nigeria’s legal tender, lost 10.2 percent of its value against the United States dollar
KPMG Nigeria says the naira faces risk of further depreciation in 2023 due to the recent decline in foreign capital
The Economic and Financial Crimes Commission (EFCC) has arrested one Mustapha Muhammed, better known as Mustapha Naira, over alleged currency
Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), says the agency will go after persons and organisations
Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market. The figure
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