Naira depreciation
Economy
Nigeria’s Manufactured Goods Export Rises 46.8% to N1.1trn in H1 2025
Nigeria’s push to diversify its economy gained traction in the first half of 2025 as manufactured goods export rose by 46.8% to N1.1...
NewsTop stories
Surge in Nigerian-Used Car Market Driven by Economic Strain, Customs Levy Impact
The Nigerian used car market is witnessing unprecedented growth as economic difficulties push many consumers away from foreign-imported vehicles. Soaring living costs, an...
Economy
Naira Depreciates to N1,585 per Dollar in Parallel Market Amid Mixed Exchange Rate Movements
The Nigerian naira weakened further in the parallel market on Tuesday, trading at N1,585 per US dollar, a decline from N1,570 per dollar...
Economy
Nigeria’s Debt Burden Swells Amidst Naira Woes
The weight of Nigeria public debt has once again increased, reaching a staggering N142 trillion by the end of September 2024. This represents...