Tag: Naira
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 ...Naira appreciates to N1,350/$ in parallel market
The naira, on Monday, appreciated to N1,350 per dollar in the parallel market from N1,370 per dollar last week. Similarly, the naira ...Again, Naira depreciates to N1,370/$ in parallel market
The naira yesterday depreciated to N1,370 per dollar in the parallel market from N1,300 per dollar on Thursday. Similarly, the naira depreciated ...Naira dives to 1082/$ despite CBN’s $2bn debt repayment
The naira has lost 26.36 per cent of its value against the dollar at the official Investor and Exporter window of the ...Manufacturers may sack workers as naira loses 39%
The naira has depreciated by 38.9 percent against the United States dollar at the official I&E window of the Central Bank of ...Naira depreciates to N1,240/$
The naira,on Thursday,.depreciated to N1,240 per dollar in the parallel market from N1,235 per dollar on Wednesday. However, the naira appreciated to ...[OPINION] Will the naira ever rise again?
Someone recently said on social media, and I agree in toto, that the exchange rate has the biggest impact on the costs ...Naira falls to N1260/$ in parallel market
The naira depreciated yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar on Tuesday. Similarly, the naira depreciated ...CBN blames hoarding for naira scarcity, says ‘N3.4 trillion in circulation’
The Central Bank of Nigeria says it is addressing the reported cases of cash scarcity in some parts of the country. Speaking ...Naira continues free fall, depreciates by 11% to N927.19/$ at official market
The naira, on Friday, depreciated marginally to N927.19 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange ...