Nigeria’s Money Supply Soars 17% in Two Months, Triggering Economic Concerns
Nigeria's money supply experienced a significant uptick of 17 percent over a two-month period, reaching its peak in July, driven ...
Tag: naira depreciation.
Foreign Reserve and Repatriation of Dollars Triggers Naira Depreciation- RateCaptain Analyst
In recent weeks, Nigeria's economy has been grappling with a significant depreciation of the naira, the country's currency. The root ...
Emadeb Energy Breaks NNPC’s Monopoly, Imports 27 Million Litres of Petrol into Nigeria.
In a significant development for Nigeria's fuel supply chain, Emadeb Energy Services Limited has shattered the long-standing monopoly held by ...
CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.
The Central Bank of Nigeria (CBN) injected approximately $29.5 million into the foreign exchange (FX) market during the recent auction ...
Sinking Ship: Nigeria’s Fuel Subsidies Finally Cut after Spending $74.39 Billion, Leaving Citizens in Panic.
The Nigeria Extractive Industries Transparency Initiative (NEITI) recently revealed that Nigeria has spent a staggering $74.39 billion on fuel subsidies ...
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