Tag: naira depreciation.

PZ Cussons Plc, the parent company of PZ Cussons Nigeria, has announced plans to sell its African subsidiaries, citing the ...

The naira continued its downward slide, depreciating by 3.61% at the official Investor and Exporter (I&E) window on Monday, September ...

The Central Bank of Nigeria (CBN) is preparing to adjust the customs exchange rate used for clearing goods at the ...

The Nigerian naira continues to struggle in the black market, where it recently traded at N1,635 per dollar, slipping from ...

The Nigerian Naira experienced a mixed performance against the US Dollar on Monday, with varying results across different exchange markets. ...

The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point ...

Nigeria's imported food inflation rate surged to 36.38% in June 2024, marking a 1.55 percentage point increase from May's 34.83%, ...

The Nigerian naira experienced a significant drop against the US dollar in both the official and parallel markets on Thursday, ...

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 ...