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Economy
Nigeria’s inflation rate spikes to 34.60 percent in November amid hardship
Nigeria’s inflation rate for the month of November 2024 rose to 34.60 percent…
Bank workers blame CBN as cash shortage worsens
Naira notes
The Association of Senior Staff of Banks, Insurance,…
Naira drops to ₦1745/$1 as traders blame speculators
The exchange rate between the naira and dollar slid back to around N1,745/$1 on the…
Cash scarcity bites harder as banks shun CBN threat DURING THIS yULETIDE
Days after the Central Bank of Nigeria ordered Deposit Money Banks to guard against artificial cash…
Naira devaluation raises foreign debt by N30tn – Report
Governor, Central Bank of Nigeria, Dr. Olayemi Cardoso
Naira devaluation raised…
Naira depreciates to N1,745/$ in parallel market
The Naira yesterday depreciated to N1,745 per dollar in the parallel market from…
Naira may weaken to N1,993/$1 – Report
The Naira is forecasted to depreciate to N1,993 per US dollar by 2028.
A…
Naira trades N1750 against dollar at black market
The Nigerian naira depreciated to N1675.49 and N1750 against the dollar at the official and parallel…
Naira depreciates to N1739/$ in parallel market
The Naira has depreciated to N1,739 per dollar in the parallel market from N1,735…
Price of bag of local rice rises 152% to over N100,000
The price of a bag (50 kg) local rice rose year-on-year, YoY, by 152.9 percent to over a…
