Naira fluctuations, which have weakened the purchasing power of consumers, have prompted businesses to adapt to local content, according to Bunmi Adeleye, Chief Strategy Officer of...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso says the Naira is grossly undervalued. Cardoso said this on Tuesday in Abuja, while...
The Nigerian retail industry has faced many challenges, including the depreciation of the naira, which has weakened consumers’ purchasing power. However, businesses can leverage this situation...
By Sodiq Adelakun The Nigerian Naira has experienced a significant decline in the parallel market exchange rate, reaching a record low of N1960 per Euro. This...
The steady decline of the Nigerian naira in the foreign exchange market has been attributed to Nigerians’ heavy reliance on cryptocurrency platforms, according to former presidential...
By Sodiq Adelakun In a recent turn of events, the Nigerian Naira has plunged to a new low in the parallel market, also known as the...
…CBN implements measures to stabilise Naira, combat inflation In a response to the surging cost of living, the Nigerian government has announced plans to significantly expand...
Policies and programmes introduced by the Federal Government is one thing that has become the order of the day in each of the governments in this...
By Sodiq Adelakun Nigeria’s currency, the Naira, saw a significant drop in value against the US dollar on February 19, 2024, with an unprecedented intra-day peak...
By Sodiq Adelakun Persistent demand pressures have caused the parallel market exchange rate to hit a record low of N2,040 per Great Britain Pound (GBP), marking...