Tag: Naira devaluation
Naira devaluation benefitting manufacturers, boosting exports to African countries – Customs
He noted that African countries now go for Nigerian made goods amid continued naira depreciation Timi Bomodi, comptroller of Seme ...
Naira Devaluation: Nigerian Students in UK University Forced to Discontinue, Return Home
The sharp currency devaluation forced many Nigerian students at Teesside University to discontinue studies and return home Students felt unsupported ...
Naira devaluation in 2023 caused a lot of challenges—Dangote
Aliko Dangote, Chairman of Dangote Industries Limited, stated that the naira's devaluation in 2023 caused the most significant challenges for ...
Naira Plunge Sparks Concerns: CFTIW Urges CBN to Unveil BDC Owners
Center for Fiscal Transparency and Integrity Watch (CFTIW) urges increased scrutiny on Bureau De Change (BDC) operations for transparency CFTIW ...
Tinubu’s Administration to Stun Currency Speculators – Presidency
The Presidency revealed strategic measures to strengthen the Naira, emphasizing a shift away from currency depreciation as a sign of ...
Hasty Devaluation of Naira Responsible for Economic Hardships, Says Expert
A financial expert attributes Nigeria's ongoing economic difficulties to the hasty devaluation of the naira following the removal of fuel ...
BREAKING: CBN stops banks from utilising FX gains caused by naira devaluation
Significantly increase the naira value of banks’ foreign currency (FCY) assets and liabilities The CBN stated that a review of ...
Osinbajo NOT calling for naira devaluation, Laolu Akande clarifies
Laolu Akande, media aide to Professor Yemi Osinbajo, the Vice-President of Nigeria has clarified that his principal did not call ...
Reps to CBN: Set up policy to tackle naira devaluation
The house of representatives has called on Central Bank of Nigeria (CBN) to "urgently" set up a policy to tackle ...
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