Tag: Naira
Only foreign borrowing can save naira, clear CBN debts – EIU
International business research firm, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the liquidity to support ...Naira falls to N1, 540/$ in parallel market
The Naira on Friday depreciated to N1,540 per dollar in the parallel market from N1,490 per dollar on Thursday. However, the naira ...FG seeks $10bn to stabilise exchange rate as naira tumbles
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell ...Naira falls to N1,640/$ in parallel market
The naira on Friday depreciated to N1,640 per dollar in the parallel market from N1,595 per dollar on Thursday. Similarly, the naira ...Naira gains at official market, weakens to N1500/$ at parallel market
The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$ on the ...Nigeria should sell crude oil in Naira, join BRICS – Falana
As a way to strengthen the naira against the dollar, human rights lawyer, Femi Falana, has urged the Federal Government of Nigeria ...Naira drops to N1,534/$ at official market
Naira, on Monday, fell to N1,534/$1, a record low at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official foreign exchange ...Naira depreciates to N1,500/$ at parallel market
The Nigerian naira, on Wednesday, depreciated to N1,500 at the parallel section of the market. The rate is a 3.45 percent decrease ...Naira closes at 900/$ at official window, drops at parallel market
The naira fell to a record low of N1,400/$ at the parallel market on Thursday despite recent efforts by the Central Bank ...Naira depreciation pushes drug importation to N900bn
Pharmaceutical products may hit over N900bn due to the depreciation of the naira, thereby causing drug prices to remain high in 2024 ...