Abuja – Nigeria’s total public debt has climbed to N144.67 trillion as of December 31, 2024, according to a fresh report released by the Debt Management Office (DMO). This figure …
NAIRA DEPRECIATION
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EconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
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BusinessEconomyFinance & ServicesManufacturingMarkets
International Breweries’ loss extends to seventh year
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
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Business PoliciesEconomyFinance & Services
CBN Intensifies Measures Against Forex Speculators Amid Naira Depreciation
The Central Bank of Nigeria (CBN) is preparing to implement additional strategies to combat foreign exchange (forex) speculators, aiming to stabilize the naira, which has been experiencing a decline in …
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The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
CBN governor, Godwin Emefiele gets summoned by senate over Naira depreciation
Godwin Emefiele, the governor of the Central Bank of Nigeria has been summoned by senate over the constant depreciation of the naira. Reports revealed a United States dollar is exchanged …