Tag: Depreciation

ABUJA (Sundiata Post) - Bureau De Change operators have accused the Central Bank of being behind the current naira depreciation. The operators said the depreciation is as a result of ...

ABUJA (Sundiata Post) - On Friday, the Nigerian currency, Naira, reversed the appreciation trend at the parallel section of the foreign exchange market. The local currency depreciated by N100 or ...

Sundiata Post - The International Monetary Fund (IMF) has warned that the country’s exchange rate may depreciate further by about 35 per cent this year and contribute to a sharp ...

Sundiata Post - Financial sector experts have suggested that the ongoing depreciation of the naira can be halted through enhanced oil production and the cessation of oil theft. Against the ...