Finance Minister Says Naira Devaluation, Not Massive Borrowing, Drove Nigeria’s Rising Public Debt
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended the Federal Government’s growing public...
Naira depreciation
TUC Warns Petrol Price May Hit ₦2,000/Litre, Proposes Emergency Subsidy on Crude Feedstock
The Trade Union Congress (TUC) has warned that the price of Premium Motor Spirit (PMS) could rise to as...
Naira Falls to N1,353/$ at Official Window as FX Demand Rises, Oil Prices Surge
Nigeria’s currency weakened further on Wednesday, with the naira closing at N1,353 per dollar at the official foreign exchange...
Naira Falls to N1,425 Amid Rising Dollar Demand Over Middle East Tensions
The Nigerian naira has depreciated further in the foreign exchange market, hitting N1,425 per dollar on Monday, March 9,...