Naira devaluation
Forex scarcity sends naira crashing, now N472/$ at parallel market
Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472…
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Naira weakness is hurting private sector – MAN
As Nigeria grapples with falling revenue and depreciating oil prices, members of the organised private sector have expressed worry about…
Analysts blame weakening naira as Nigeria’s inflation hits 12.56% for tenth straight month
Charles Abuede A weakening naira is what analysts are holding to account for a continuous rise in Nigeria’s inflation as…
Further devaluation: Naira’s official rate may hit N430/$ by year end – Report
By Omobayo Azeez Indications are rife that by the end of this year, Naira, Nigeria’s local currency will be further…
Naira devaluation likely soon due to oil price slump – Survey
The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil…
CBN debunks naira devaluation, threatens to sanction those responsible for false speculations
The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about to be…
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