Tag: naira
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The decline in the value of the Naira results in a surge in drug imports, reaching N900bn
In 2024, high drug prices are anticipated to persist, reaching over N900bn due to the depreciation of the naira, placing additional strain on Nigerians...
The Naira experiences a sharp decline to 1082 against the US dollar, even with the CBN $2 billion debt repayment.
The Nigerian naira has experienced a 26.36% decline against the US dollar in the official Investor and Exporter window of the foreign exchange market...
The Naira depreciates to N1089 per dollar in the official Investors and Exporters (I&E) window
The Nigerian naira plummeted to N1089.51 against the dollar on Tuesday, marking a staggering 27.19% drop from its Monday closing rate of N856.57/$, as...
The amount of currency in circulation surpasses the level before the naira redesign, reaching N3.4 trillion in December- CBN
The Central Bank of Nigeria (CBN) has revealed that the currency in circulation (CIC) has surged to a new annual peak of N3.4 trillion...
The Naira experiences a 16% decline, concluding the week at N927 per dollar
The official Investor and Exporter forex window recorded the naira closing the week at N927.19/$, reflecting a 16.64% decrease from the previous week's N794.89/$,...
