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Tag: Naira
Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight
African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria's Naira and Kenyan Shilling experiencing ... Read More
Nigeria: nationwide strike suspended after talks between labour unions and president
Nigerian workers have suspended nationwide protests against a fuel subsidy removal and the rising cost of living following a meeting between union leaders with President ... Read More
Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan
Nigeria's currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign ... Read More
World’s worst-performing currencies: Ghana’s cedi, as Nigeria’s naira, SA’s rand also struggle
Ghana’s cedi slumped over the last three days to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the ... Read More
Nigeria’s Crisis Rings Alarm Bell in Algeria
Nigeria’s President Muhammadu Buhari comment saying that his country has suddenly became a poor country, resounded in Algiers as an alarm bell on the repercussions ... Read More