Naira devaluation, insecurity drive Nigeria’s wheat imports to N1.3tn
Importation of durum or pasta wheat into Nigeria has continued to skyrocket, rising from N730.9 billion in 2020 to N1.295 trillion in 2021. The Punch’s
Tag : Naira devaluation
Shareholders attribute increase in cement price to naira devaluation
As BUA revenue hit N209.4bn Shareholders have blamed the continued increase in the price of cement on currency devaluation, calling on the government to create
Naira devaluation will push petrol subsidy to N7.1b per day
The devaluation of the naira from N379/$ to N411/$ will push the daily subsidy on petrol to N7.1 billion as it will raise the product’s
Naira devaluation may cause inflation, Reps warn CBN
The House of Representatives has asked the Central Bank of Nigeria (CBN) to urgently put in place a policy to check further devaluation of the
Naira devaluation: BDCs get dollars at N393, sells for N494
Bureau De Change operators got the United States dollar from the Central Bank of Nigeria at N393 but sold it for N494 on Friday, an
Market unfavourable for Naira devaluation -CBN
The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. The CBN made this known in a statement
