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Tag: devaluation

Nigerian Breweries suffers N153bn forex loss over naira devaluation

Nigerian Breweries Plc has announced that it suffered a N153 billion foreign…

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Naira devaluation boosts govt revenue by N713bn

The government has made a N713.1bn revenue windfall from the devaluation of…

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‘Devaluation, cause of essential drugs scarcity, killing pharmaceutical firms’

Experts in the pharmaceutical industry say the massive devaluation of the naira…

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Marketers link petrol price hike to naira devaluation, others

The recent increase in the cost of Premium Motor Spirit, commonly known…

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Naira devaluation will increase raw material import costs – MAN

TThe Manufacturers Association of Nigeria has warned that the recent floating of…

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Naira devaluation pushes up vehicles duties by 40%

•Customs raise exchange rate from N422/$ to N589/$, operators kick as import…

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Travellers groan as naira devaluation drives up airfares

The Central Bank of Nigeria’s decision to devalue the naira has led…

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Naira devaluation pushes Nigeria’s export to N42tn

The value of Nigeria’s export may rise to at least N41.99tn per…

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Naira devaluation fake news – CBN

The Central Bank of Nigeria has debunked the claim that the it…

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How naira devaluation affects Nigeria’s real estate sector

EDIDIONG IKPOTO examines, in this piece, how naira depreciation has impacted the…

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