Public debt rises by N24.33tn as naira depreciation takes toll
The Debt Management Office (DMO) has announced that Nigeria’s total public debt has risen to N121.67tn, representing a significant increase…
Tag: Naira
Naira rebounds, sells for 1,280/$ at parallel market
According to currency dealers and market data gathered by Nairametrics, the Naira enjoyed a comeback versus the US dollar at…
Demand in dollars drives the naira to 1,420/$.
On Thursday, the value of the naira declined against the US dollar, trading at N1,309/$ on the official market and…
Naira falls to N1,234/$ on the official market
The value of Nigeria’s naira has declined, with the currency weakening to N1,234/$ at the official foreign exchange market on…
Naira hits 1,000/$ on the black market
At the end of trade on Monday, the naira was worth N1,136/$ on the official market and N1,050/$ on the…