The import duty charged by the Nigeria Customs Service (NCS) has increased by 40 per cent following the Naira devaluation by the Central Bank of Nigeria...
Nasarawa State Governor, Abdullahi Sule, has lamented the Naira’s fall against the Dollar as the currency exchanges for about N818 per dollar. Speaking during an interview...
President Muhammadu Buhari is certainly not happy with the Central Bank of Nigeria, CBN, over what he called ”the ruthless devaluation of the Naira.” President Buhari...
Governor Ayodele Fayose of Ekiti State has called for the devaluation of the nation’s currency, the Naira, saying, “With the gap between the official rate of...
President Muhammadu Buhari has said the Structural Adjustment Programme (SAP) which was initiated by former military president Ibrahim Badamosi Babangida, between 1986 and 1988 killed the...
Nigeria’s Vice President, Prof. Yemi Osinbajo, has stated that devaluation of the naira is not an appropriate option in the current economic realities in the country,...
Nigerian President Muhammadu Buhari said he opposed a further devaluation of the West African nation’s currency and endorsed the central bank’s policies that have restricted foreign-exchange...
(Reuters) – The naira opened at a record low on Monday after Nigeria delayed its presidential election by six weeks, citing security concerns due to an...
Abuja-President Goodluck Jonathan on Thursday reassured that his administration would ensure stability in the value of the Naira by striving to take away speculative behaviours that...
The Trade Union Congress (TUC) said the congress would demand for wage increase for workers in the new year, following the devaluation of the naira by...
The Central Bank of Nigeria (CBN) has withdrawn N300 billion from the banking system to support the naira, which has been hit by falling oil prices....
