Tag: currency depreciation

The Fast-Moving Consumer Goods (FMCG) sector in Nigeria witnessed a notable downsizing of its workforce in 2023, reflecting the ongoing ...

The exchange rate between the Nigerian naira and the US dollar fell to a four-month low of N1,611 on the ...

The official exchange rate of the Nigerian naira against the US dollar took a hit, ending its three-day winning streak ...

The Naira experienced a significant depreciation, closing above N1500/$1 in recent trading sessions. This was accompanied by a notable decline ...

In another blow to the Nigerian economy, the Naira witnessed a further depreciation against the US Dollar in the Nigerian ...

The Nigerian Naira took a sharp plunge against the US Dollar on Monday, reaching an average exchange rate of 1,030 ...

The Central Bank of Nigeria (CBN) has recently unveiled alarming statistics, revealing that Nigeria's Net Foreign Assets (NFA) have nosedived ...

The Nigerian currency, the naira, experienced a substantial depreciation in the third quarter of 2023, marking a concerning trend for ...

The Nigerian naira has continued its alarming descent against the US dollar, plummeting to a new low of 980 naira ...

  In the aftermath of Nigeria's apex bank, the Central Bank of Nigeria (CBN), executing the naira's float and liberalizing ...