… currency.  According to data published by the Central Bank of Nigeria, the naira … pressure on the local currency persisted despite improved … capacity to defend the currency during periods of heightened … , reported that the naira appreciated across both the …

… rating agency, has revised Nigeria’s outlook to positive … to absorb additional local currency debt. Confidence-sensitive capital … confidence in the naira and FX market reforms have boosted … quality, continue to constrain Nigeria’s economic resilience. The …

… ongoing pressure in the FX market despite a steady rise … currency weakness  Interestingly, while the Naira came under renewed strain, Nigeria … depreciation of the Naira indicates that market forces … improves significantly, the Naira may continue to face …

… Nigeria’s long- and short-term foreign and local currency … and a more stable naira exchange regime have helped … ongoing reforms, including the Nigeria Revenue Service Establishment Act … despite the positive trajectory, Nigeria continues to grapple with …

… of inflationary pressures in Nigeria, with the headline … in food supply, currency stability, and tighter … FX market have helped to reduce imported inflation. “The naira … Nigeria is seeing early signs of economic recovery. The combination of currency …

… phone. Naira abuse has remained a persistent issue in Nigeria, particularly … the Central Bank of Nigeria Act, which prohibits the … of the nation’s currency.  The EFCC has intensified … its clampdown on currency mutilation, making several arrests …

… After the flight, United Nigeria Airlines founder, Professor Obiora … confronting airline operations in Nigeria, among other interesting issues … to loan in Naira, convert in forex at the existing … airport. Aside from United Nigeria, there are two other …

… unidentified man spraying wads of naira inside a Warri-based church … of Nigeria Act, which prohibits tampering with or mishandling the currency. In … maintains that currency mutilation undermines the dignity of the naira, fuels illicit …

The telecommunications industry reduced its workforce by 383 employees in one year following a sharp increase in operating costs, new data from the Nigerian Communications Commission has shown. Figures from the NCC’s 2023 and 2024 Year-End Performance …

… stories that accurately reflect Nigeria’s economy and … banking, allowing the naira to find its market … discipline essential for navigating Nigeria’s complex information environment. … often involves large foreign currency expenditures that destabilise the …