NPA Begins Sale of Petroleum Products in Naira, Establishes One-Stop-Shop for Efficient Coordination

  Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), has announced the commencement…

Nigeria’s Food Import Costs Soar as Naira Continues Downward Spiral

  Nigeria’s imported food inflation surged to 36.38% in June 2024, up from 34.83% in May,…

How can Nigeria stop the rapidly declining value of the Naira? 

  Isaac, Abuja Government can start by creating an enabling policy environment for savings, investment, and…

Shittu: Nigeria must reduce importation to strengthen naira

  A former National President, Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola Shittu has…

What is your take on the declining value of the naira?

Victor, Lagos This is a function of market forces. No government has the power to determine…

SON destroys substandard goods worth billions of naira

  The Standards Organisation of Nigeria (SON) has destroyed substandard goods worth billions of naira. This…

Nigerian Shippers’ Council decries depreciation of naira

  The Nigerian Shippers’ Council (NSC) has decried the sharp fall of the naira, saying the…

Naira falls 1.02% at official market

  The naira on Thursday depreciated by 1.02 per cent (N4.83/$1) at the Investors and Exporters…

CBN denies devaluing Naira to 630 to USD

  The Central Bank of Nigeria (CBN) on Thursday denied a report that it devalued the…

Naira crisis not affecting clearing of goods at port — Amiwero 

  The National President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero,…

Importers groan as naira slides to N610 per dollar

The naira slid to N610 to a dollar over the weekend at the parallel market in…

Naira crashes further against dollar at parallel market

The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar. The…