External debt burden set to worsen amid further naira devaluation
NIGERIA’S external debt burden is expected to increase significantly if the naira continues to depreciate, analysts have warned. The ongoing ...
Tag: naira devaluation
Erratic rainfall, Naira devaluation, high interest rates affected agro-processing in 2024 —Adeyemi
In 2024, the agricultural sector witnessed several challenges due to the economic policies of the government. In this interview, the ...
MTN records N514.9bn loss as subscribers drop in Q3
MTN Nigeria Communications Plc has reported a loss after tax of N514.9 billion for the nine months ending September 30, ...
How Nigeria can address naira devaluation, economic crisis – Former Reps member
A former member of the House of Representatives, Honourable Lanre Agoro, has called for collective action between the Nigerian government ...
FG moves to improve trade balance amid naira devaluation
In bid to strengthen the value of the naira against other currencies, the Federal government is making efforts to improve ...
Naira devaluation to reduce Nigerian economy to Africa’s fourth largest in 2024 —IMF
THE International Monetary Fund (IMF) has projected that Nigeria will slip to the fourth largest economy in Africa in 2024, ...
Navigating Currency Devaluation: Implications, Strategies, and Prospects for Nigeria’s Real Estate Sector
This article explains the danger and the Impact of the currency devaluation on real estate in Nigeria. Drawing facts from ...
FG targets $10bn for Forex liquidity to stabilise Naira — Tinubu
In a bid to halt the consistent devaluation of the Naira, President Bola Tinubu says the Federal Government is planning ...
Tinubu’s ministers blame food shortage on naira devaluation, fuel subsidy withdrawal
Two ministers on Friday blamed the current food crisis in the country on the unintended consequences of the two reforms ...
Naira depreciates further at parallel market
THE Naira on Friday depreciated further against the dollar at the parallel market in Lagos, exchanging at N363 to the ...
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