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Naira crashes further, exchanges at N1,152/$ at parallel market
On Thursday, the naira fell even more to a new low of N1,152 per dollar in the black market.
In comparison to…
BREAKING: Nigeria’s headline inflation climbs to 26.72% in September
Nigeria’s headline inflation soared by 0.90 per cent to 26.72 per cent in September from 25.80 per cent in August…
Economic Hardship: 127 poultry farms closed, over N5 billion lost – PAN
The elimination of fuel subsidies, according to the Poultry Farmers Association of Nigeria (PAN), has resulted in a…
CBN vows to clear forex backlog, restores 43 items restricted from FX
On Thursday, the 43 goods that had previously been restricted from accessing foreign exchange (FX) were reinstated…
Rising inflation poses a threat to Nigeria’s economy – MAN
According to the Manufacturers Association of Nigeria, surging inflation, which has resulted in rising production,…
Naira loses more value, trades N1,025/$ at parallel market
On Tuesday, the naira lost more value as it fluctuated between 1,005 and 1,025 to the dollar in the parallel…
Nwangwu: Nigeria loses $26.2 billion yearly due to unstable electricity supply
An industrial expert claims that despite Nigeria's power sector's difficulties, the nation loses an estimated $26.2…
Naira Depreciation: Reps Committees to meet CBN Gov. Cardoso
The National Security and Intelligence Committee and the Banking Regulations Committee of the House of…
Dangote follows BUA’s footprint, slashes cement price to ₦2,410 per bag
Dangote Cement Plc has announced the reduction of the price of its cement product to N2,410 per bag promo starting…
eNaira poses no threat to financial stability – CBN
The eNaira is being modified and changed to improve user experience across multiple platforms or systems.
In a…