Tag: Naira

$17.1bn IDA loans:  Project abandonment, Naira depreciation paint bleak future for Dollar loans

Nigeria’s heavy indebtedness to International Development Association (IDA), now totaling $17.1 billion,…

Naira may fall to N1,993/$ by 2028 — BMI

The Naira's value is predicted to drop to N1,993 per US dollar…

Naira appreciates by 2.5% against dollar at official market

The Nigerian Naira experienced a significant surge on Thursday, gaining 2.5% against…

Naira depreciates, trades N1,631.17/$ at official market

The Nigerian Naira experienced a slight decline in value against the US…

State of States Report: How Naira devaluation exposed many states to greater financial risk

THE recent devaluation of the naira, resulting from Nigeria’s decision to liberalize…

JUST IN: Naira appreciates, and trades at N1,600/$

The Naira closed the week stronger on Friday at the official market,…

Nigeria’s Naira showing signs of stability — IMF

The International Monetary Fund (IMF) has observed signs of growing stability in…

Nigerians downtrading as inflation, naira depreciation, fuel price worsen cost of living

New findings reveal that Nigerians are increasingly turning to cheaper, often lower-quality…

Naira rebounds after month of elevated supply

The Nigerian Naira is bouncing back this month after a surge in…

‘Crude oil for Naira’: FG to supply us 12 million barrels in October – Aliko Dangote

The federal government reached an agreement to supply 12 million barrels of…

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