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
Tag "Naira depreciation"
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 in 2022. In the latest edition of its Africa’s Pulse
KPMG Nigeria says the naira faces risk of further depreciation in 2023 due to the recent decline in foreign capital importation into Nigeria. In an article released on Thursday, titled,
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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