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Naira Plunges Over N100 in Official Market Amid US Interest Rate Speculation
Even though August's headline inflation rate was lower than usual, the Naira fell more than N100 against the US dollar at the official window.
According...
Marketers Yet To Obtain Petrol From Dangote Refinery Despite NNPC Lift
The News Chronicles understands that marketers have yet to obtain petrol from Dangote Petroleum Refinery, which the Nigerian National Petroleum Company (NNPC) lifted on...
Inflation Further Slows Down To 32.15 After Harvest
Due to the harvest season, food availability in the Nigerian market increased in August, bringing headline inflation down to 32.15 percent.
The price of tomatoes,...
IMF Urges Nigeria To Include Rural Areas In The Cash Transfer Scheme
The mounting difficulties of food insecurity and rising poverty in Nigeria have prompted the International Monetary Fund (IMF) to call for an expansion of...
Naira Declines by Around 6% Per Day, the Most Since May 30
After a turbulent week, Nigeria's currency hit a record low on Thursday as dollar liquidity in the country's foreign exchange market dropped by half.
According...
