Nigerian Breweries suffers N153bn forex loss over naira devaluation
Nigerian Breweries Plc has announced that it suffered a N153 billion foreign…
Weak naira, high import tariffs drive up essential drug prices
Depreciating currency, hoarding, importation of drugs and raw valued currency, and high…
EFCC orders task force to tackle illegal forex trading, naira abuse
The Economic and Financial Crimes Commission has established a task force to…
Ogun monarch suspended for abusing naira notes
The Olu of Owode in Obafemi/Owode Local Government of Ogun State, Oba…
Banks sell $3.3bn as CBN battles fresh naira slump
The naira suffered a fresh slide both at the official and parallel…
Nigerian man complains over the size of the pounded yam he was served at a local restaurant for 200 naira
A video shared online and is currently trending has captured a Nigerian…
Naira trades 1,498/$ at official market, CBN tackles racketeers
The naira appreciated slightly against the United States dollars at the Nigerian…
Economists blame naira crash, fuel price as inflation hits 30%
Economists have linked the nation’s rising inflation to the continued depreciation of…
Naira gains at official market, weakens to N1500/$ parallel market
The naira gained marginally against the United States dollar on Tuesday, appreciating…
Naira reaches all-time low at official market
The naira fell to a new all-time-low of N1,534/$ on the official…