Tag: naira depreciation.

The devaluation of the naira has led to a significant increase in bank credit to Nigeria’s oil and gas sector, ...

A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations ...

MTN Nigeria, one of the leading telecommunications companies in the country, has reported a significant financial setback due to the ...

In February 2024, Nigeria witnessed a significant surge in imported food inflation, reaching a record high of 29.8%, up from ...

Today marks the commencement of the 293rd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), with ...

The Nigerian motor vehicle import sector experienced a substantial 32% decline in 2023, reflecting the ongoing challenges of a Forex ...

In a concerning development for the telecommunications sector in Nigeria, the number of taxes and levies imposed on telecom operators ...

In a surprising turn of events, thirteen Nigerian states have reported substantial foreign exchange revaluation profits totaling N71.59 billion in ...

The Central Bank of Nigeria (CBN) has released its second-quarter economic outlook, shedding light on the prevailing economic conditions and ...

Nigeria's government is taking decisive action to combat the foreign exchange crisis that has been adversely impacting the nation's economy. ...