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Tag "naira devaluation"

‘Consumers no longer able to afford beer’ — Nigerian Breweries CEO speaks on FX crisis

    ‘Consumers no longer able to afford beer’ — Nigerian Breweries CEO speaks on FX crisis

Hans Essaadi, chief executive officer (CEO) of the Nigerian Breweries Plc, says the company is facing the worst downturn in the history of its operations in the West African nation.

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Tinubu met a bad economy but he’s worsening it

    Tinubu met a bad economy but he’s worsening it

Recently in an address at the Chief of Defence Intelligence annual conference 2023, National Security Adviser (NSA), Nuhu Ribadu remarked that the six-month-old administration of President Tinubu had inherited a

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Challenges and opportunities in Nigeria’s non-oil export landscape

    Challenges and opportunities in Nigeria’s non-oil export landscape

BY ADEBOTE ‘TOMINI As efforts to improve Nigeria’s non-oil export sector intensify, during the July edition of the Talking Trade and Investment Global (TATRIG) which was held on July 15,

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Rescuing President Tinubu from liberal economists

    Rescuing President Tinubu from liberal economists

I must admit that the policies put into action by President Bola Tinubu these first few days are hard to explain. And indeed, it is not my duty to do

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How Tinubu’s unified exchange rate and naira devaluation can affect you

  How Tinubu’s unified exchange rate and naira devaluation can affect you

Let me save you some time and answer your questions from the top. Will there be a devaluation of the

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‘We stand by our story’ — Daily Trust replies CBN on naira devaluation report

  ‘We stand by our story’ — Daily Trust replies CBN on naira devaluation report

Daily Trust Newspaper, a Nigerian prominent media platform, says it stands resolutely on its report that the Central Bank of

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Report of naira devaluation false, says CBN

  Report of naira devaluation false, says CBN

The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira

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Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

  Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

Zainab Ahmed, minister of finance, budget and national planning, says the fiscal authority ministry is working with the Central Bank

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Devaluation is grossly overrated

  Devaluation is grossly overrated

On Monday, Vice-President Yemi Osinbajo might have made his boldest pitch yet for his expected presidential bid in 2023. Speaking

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‘It’s a recipe for high poverty, unemployment’ — expert counters Osinbajo on moving naira exchange rate

  ‘It’s a recipe for high poverty, unemployment’ — expert counters Osinbajo on moving naira exchange rate

Uche Uwaleke, a professor and financial expert, says the devaluation of the naira will worsen poverty and unemployment in Nigeria.

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