Africa’s biggest telecom operator MTN Group (MTNJ.J), on Friday attributed an up to 80% fall in full-year profit to the sharp devaluation in the Nigerian naira, which swung its biggest unit…
Read More MTN blames naira devaluation for 2023 profit slumpTag: #naira devaluation
Naira trades at N755/$ as CBN discreetly devalues local currency
Our reporter/ The naira on Wednesday traded at N750-N755 per dollar at the investors and exporters (I&E) window. According sources privy to the development the Central Bank of Nigeria (CBN)…
Read More Naira trades at N755/$ as CBN discreetly devalues local currencyCBN denies Naira devaluation report
Our reporter/ The Central Bank of Nigeria (CBN) on Thursday debunked a report by a national daily that it has devalued the naira to N631 per dollar at the importers’…
Read More CBN denies Naira devaluation report