Dangote, MTN, others lose N1.7tn to naira depreciation
Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most…
Naira depreciation pushes Nigeria’s imports to N35tn
Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in…
Pension funds fall by $6bn over naira depreciation
The value of the pension fund in dollar terms declined by 29…
Naira depreciation worsens Nigeria’s foreign debt woes
The depreciation of the naira has caused the country’s foreign loans to…
Nestle posts N104bn loss over naira depreciation
Consumer goods company, Nestlé Nigeria Plc, has recorded a N104.03bn loss before…
Foreign airlines fear $200m loss over naira depreciation
The International Air Transport Association, the Geneva-based trade association representing world airlines,…
Cadbury, Guinness, others lost N472bn to naira depreciation – Report
Some major fast-moving consumer goods companies, including Cadbury, Guinness Nigeria and Nestle…
Stop naira depreciation, lawmaker urges monetary policy managers
The lawmaker representing Yewa North/Imeko-Afon Federal Constituency at the House of Representatives,…
Increased non-oil export will halt naira depreciation
The Executive Director of the Nigerian Export Promotion Council, Ezra Yakusak, has…
External debt rises to N13tn over naira depreciation
Nigeria’s weak naira has pushed the country’s external debt up by N13.38tn;…
