Naira depreciation forces pension funds to dip by $6bn
The value of the pension fund in dollar terms declined by 29 per cent to $14.39bn in January 2024 compared to $20.41bn in December 2023.
Tag : Naira depreciation
Naira depreciation adds N9tn to foreign debt burden
The value of naira to dollar fell from N196.92 in June 2015 to N414.72 in June 2022, worsening Nigeria’s foreign debt burden. Within the seven
Naira depreciation, inflation erode workers’ N25tn salaries
The endless depreciation of the naira and the rising inflation have eroded Nigerian workers’ N24.88tn salary received in the first six months of 2022. The
Naira depreciation: Economist say lack of patriotism responsible
An Economist, Dr Tope Fasua says that some corrupt and unpatriotic officials are responsible for the continuous depreciation of the Naira. Fasua, the Chief Executive
Naira depreciation disastrous, says first female SAN, Solanke
The first female Senior Advocate of Nigeria, Chief Folake Solanke, has described the depreciation of the naira as disastrous, calling on the Central Bank of
MPC: Expert urges strong policy to curb inflation, Naira depreciation
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN’s) Monetary Policy Committee to focus on policy decisions that would curb
