Tag: naira
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The Naira continues its decline, plummeting to an exchange rate of 1,190 Naira per US dollar
The Nigerian naira continues its downward trajectory due to a growing scarcity of the US dollar.
On Friday, at the parallel market, the naira opened...
External debt surges to N13 trillion due to the depreciation of the naira
The depreciation of Nigeria's currency, the naira, has led to a substantial increase in the country's external debt by N13.38tn during the second quarter...
The naira continues to face unrelenting pressure in the parallel market, resulting in a 15% expansion of arbitrage.
Naira may be on the verge of encountering a new crisis as the gap between official and black market exchange rates, which had almost...
