Tag: Naira slump

With a 24.99 percent increase in just three months, Nigeria's overall public debt has risen to N121.67 trillion, according to the Debt Management Office. This increased amount is based on ...

The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to on Friday N1,670/$ from N1,600/$ recorded at the ...

The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on Monday. On Friday, the turnover of dollars in the official ...

The naira has maintained its downward trend as scarcity of the dollar bites harder, findings by The PUNCH have revealed. At the parallel market, naira commenced trading at 1,175/$ and closed at ...