naira devaluation

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…

3 months ago

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…

4 months ago

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,…

6 months ago

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…

8 months ago

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…

11 months ago

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,…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

6 years ago

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