Stories Tagged: Naira

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Is the Naira's Recent Recovery Sustainable Against the Dollar?

The Nigerian naira experienced a brief recovery against the US dollar, closing at N1,666.72 per... (87 revisions)

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Fitch Ratings Cautions on Nigeria's Forex Stability Amid Economic Challenges

Fitch Ratings has expressed caution regarding the stability of Nigeria's foreign exchange... (45 revisions)

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Navigating the Volatile Nigerian Stock Market in 2024

The Nigerian stock market has been on a wild ride throughout 2024, marked by significant... (11 revisions)

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Economic Hardship Drives 60% Drop in Foreign Travel from Nigeria

Outbound foreign travel from Nigeria has plummeted by over 60% in 2024, with passenger numbers... (46 revisions)

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What Does $1 Billion in Capital Outflows Mean for Nigeria's Economy?

As of August 25, 2024, Nigeria has experienced significant capital outflows, totaling $1 billion... (243 revisions)