The total value of Nigeria’s imports rose to N35.9tn in 2023, up from N25.5tn in 2022 representing an increase of N10.4tr. This increase was brought about...
A new report by Meristem Securities has shown that the depreciation of naira cost some major fast-moving consumer goods companies, including Cadbury, Guinness Nigeria, and Nestle...
THE depreciation of the naira in the last two weeks may persist this week following increased demand for dollars triggered by political campaign activities across the...
Nigeria’s President Muhammadu Buhari erased any doubt about who is in charge of currency policy in Africa’s biggest economy — to the detriment of the central...