Tag: Exchange rate

ABUJA (Sundiata Post) - On Tuesday, the Naira depreciated to N1,610 per dollar in the parallel market following its N1,600 per dollar value on Monday. In the same vein, the ...

ABUJA (Sundiata Post) - The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly. He stated ...

EBONYI (Sundiata Post) - On Thursday, June 27, Madubuachi Idam, the Nigerian rights activist blamed the inability of President Bola Tinubu to resolve the naira-dollar crisis or crash the prices ...

ABUJA - A sharp slump in the Nigerian naira since mid-April and 28-year high inflation will likely leave the monetary policy committee with little choice but to hike rates again, Bloomberg reports. ...