Tag: Naira depreciation

IMF Urges Nigeria to Deepen Reforms as 2026 GDP Growth Forecast Hits 4.2%

The International Monetary Fund (IMF) has urged the Nigerian government to intensify

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Reps Summon CBN Governor, Bank CEOs Over Arbitrary Charges

The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor

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IMF: Naira Depreciation Not Necessarily Negative for Nigeria’s Economy

The International Monetary Fund (IMF) has said that the depreciation of the

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Cement Industry Faces ₦1.12 Trillion Energy Bill Amid Rising Costs

Nigeria’s cement manufacturing sector faced a staggering rise in operational costs in

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Naira Appreciates to N1,490/$ in Parallel Market, N1,499.8/$ in Official Market

The Naira strengthened to N1,490 per dollar in the parallel market yesterday,

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Inflation: 13m more Nigerians at risk of falling below poverty line in 2025, says report

Rising inflation, high interest rates, and naira depreciation could push an additional

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