THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has criticized the actions of desperate buyers in the…
The Naira on Monday depreciated at the official market trading at N1,675.62 against the dollar. Data from the official trading…
Nigeria’s heavy indebtedness to International Development Association (IDA), now totaling $17.1 billion, has sparked concerns about the nation’s ability to…
The Naira's value is predicted to drop to N1,993 per US dollar by 2028, according to a report by BMI,…
The Nigerian Naira experienced a significant surge on Thursday, gaining 2.5% against the US Dollar at the official market. According…
The Nigerian Naira experienced a slight decline in value against the US Dollar on Wednesday, trading at N1,631.17/$ at the…
THE recent devaluation of the naira, resulting from Nigeria’s decision to liberalize its exchange rate, has intensified financial pressures on…
The Naira closed the week stronger on Friday at the official market, trading at N1,600 to the dollar. Data from…
The International Monetary Fund (IMF) has observed signs of growing stability in Nigeria's currency, the naira, citing recent interest rate…
New findings reveal that Nigerians are increasingly turning to cheaper, often lower-quality goods and services, a practice known as “downtrading,”…
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