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Tag: Naira

MTN Sees N400 Billion Loss Due to Naira Devaluation

MTN Nigeria, one of the major telecommunications companies in the country, found itself in a tough financial position at...

Naira Reaches Eight-Month High As Dollar Demand Falls

Recently, the Nigerian currency, the naira, has shown significant improvement in its value compared to the US dollar, reaching...

Naira Recovery Expected In 2025 Due To Increased FX Inflows

The Nigerian currency, the naira, might experience a more favorable situation in 2025, according to various financial experts. They...

OPS Urges Support As Naira Rises To N137/$

In the past week, the value of Nigeria's currency, the naira, improved significantly against the United States dollar. Specifically,...

The World Bank ranks the Naira as one of Africa’s weakest currencies

The Nigerian Naira has been identified as one of the worst-performing currencies in sub-Sahara Africa for the year 2024....

Naira Drops to 1,600/$ in The Parallel Market.

Naira Drops to 1,600/$ in The Parallel Market. On Tuesday, the Naira depreciated to N1,600 per dollar in the parallel...