Naira Depreciates to N1,359.5/$ Amid Parallel Market Pressure
The Nigerian naira continued its gradual decline against the United States dollar…
Naira Records Mild Depreciation, Closes Week at N1,450.42/$
The Naira ended the week on a slightly weaker note, depreciating by…
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…
Reps Summon CBN Governor, Bank CEOs Over Arbitrary Charges
The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor…
IMF: Naira Depreciation Not Necessarily Negative for Nigeria’s Economy
The International Monetary Fund (IMF) has said that the depreciation of the…
Cement Industry Faces ₦1.12 Trillion Energy Bill Amid Rising Costs
Nigeria’s cement manufacturing sector faced a staggering rise in operational costs in…
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,…
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…