Read All The Latest News About Naira Depreciation On Naija News

Nigeria’s Public Debt Hits ₦149 Trillion

Nigeria’s Public Debt Hits ₦142.3 Trillion Amid Naira Depreciation

Nigeria’s total public debt rose to ₦142.3 trillion as of September 30, 2024, reflecting a 5.97 percent increase from ₦134.3 trillion in June, according to data...

BDC Operators Identify Those Causing Naira To Depreciate Against The Dollar, Reveal Next Line Of Action

Business1 year ago

Naira Suffers Another Setback, Depreciates To ₦1,300/$

The Naira on Wednesday depreciated in the Nigerian Foreign Exchange Market, (NAFEM) to ₦1,300.15 per dollar, exceeding the parallel market rate by ₦45.15. Data from the...

2027: Tinubu Won’t Be Distracted By Opposition Coalition - Says Idris

Nigeria News1 year ago

Naira Is Stabilizing And The Foreign Exchange Market Is Seeing A Surge Of Inflows – Minister Of Information

Minister of Information and National Orientation, Mohammed Idris, has said the Nigerian Government is identifying those sabotaging the economy. The minister insisted that President Bola Tinubu’s...

We've Seen The Effect Of Hijack, It Won't Happen Again - New CBN Governor Cardoso Makes Promise

Business1 year ago

CBN Sends Message To Nigerians, Discloses Reason For Naira Depreciation

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has urged Nigerians to be patient with the apex bank as it is doing everything...

Buhari's Ex-Aide Ahmad Lists Five Abuja Areas Wike Must Take Action

Business2 years ago

Naira Crash: Former Presidential Aide Blames Crypto Exchange Platforms For Naira’s Misfortune

A former presidential aide, Bashir Ahmad, has blamed the naira’s steady slip in the foreign exchange market on Nigerians’ heavy reliance on cryptocurrency platforms. As the...

Nigeria News2 years ago

Foreign Airlines Fear $200 Million Loss Over Naira Depreciation

The International Air Transport Association (IATA), a trade group representing international airlines headquartered in Geneva, has voiced concerns about the possibility that foreign airlines doing business...

Nigerian Lawmakers Earn ₦600,000 Per Month - House Of Reps Spokesperson

Nigeria News2 years ago

Reps Seek To Adopt Chinese Yuan As Official Foreign Exchange Currency

The House of Representatives is seeking to fastrack the adoption of the Chinese Yuan (CNY) as an official foreign exchange reserve currency alongside other major international...

Ben Murray-Bruce Reacts As Senate Confirms Cardoso As CBN Governor

Nigeria News2 years ago

Nigeria Can’t Continue To Defend Naira With $1.5 Billion Monthly – Ben Murray-Bruce

Former Bayelsa State Senator, Ben Murray-Bruce has said Nigeria cannot afford to return to the era of defending the Naira with $1.5 billion monthly. Murray-Bruce, a chieftain...

Tinubu Vows To Tackle Terrorism, Extreme Poverty

Politics3 years ago

Again, Tinubu Fires Buhari’s Govt Over Naira Depreciation, High Exchange Rate

The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has berated the Muhammadu Buhari-led government over the depreciation of the naira and high...

Business3 years ago

Reactions Trail Huge Debt Service, As Naira Depreciation Shoots Up Nigeria’s Foreign Debt by ₦8.72tn

Reactions from some industry players in the financial sector have trailed Nigeria’s huge debt service caused by the depreciation of the Naira in the period of...

Nigeria News3 years ago

He Is Simply Watching – Adeboye Calls Out Emefiele Over Fall Of Naira

Pastor Leke Adeboye, son of Enoch. A. Adeboye of the Redeemed Christian Church of God, has reacted to the freefall of the Naira. Naija News reports...

Nigeria News3 years ago

Daddy Freeze Reacts As Naira Hits 710/1$, Calls Out Adeboye

Media personality Daddy Freeze has reacted to the free fall of the Nigerian Naira against the dollar. Naija News understands that the exchange rate between the...