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Naira falls N777 against dollar after CBN announcement
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Tag: Dollar-Naira rate

Naira falls N777 against dollar after CBN announcement
Energy

Operators blame weak naira, others for energy crisis

Oil and gas operators have identified the devaluation of the naira, amongst other challenges, as the cause of Nigeria’s energy crisis. The PUNCH quoted the operators as saying that these concerns have prevented investors from investing in Nigeria. The operators made this known at the ongoing 2022 Nigeria Oil and Gas conference in Abuja. According […]

Naira falls N777 against dollar after CBN announcement
Economy

Dollar may hit N700 by Q4 2022 – BDC

Major players in the Bureau de Change market have lamented the rise in the dollar, saying the foreign currency price could get to N700 before the end of the year. According to The Punch, the pressure on the foreign exchange market continued on Tuesday, with the dollar exchanging at N615 at the parallel market in […]