Tag: FX crisis Nigeria

Nigeria foreign currency tax revenue hits ₦6.33tn as naira volatility bites

Business Damilola Bayonle -
Nigeria foreign currency tax revenue hits ₦6.33tn as naira volatility boosts FX inflows but deepens investor risk, consumer pressure Nigeria’s...

Tinubu reshuffles cabinet amid inflation, FX pressure in Nigeria

Business Damilola Bayonle -
Tinubu reshuffles cabinet, replaces finance and housing ministers amid economic pressure Nigeria’s President Bola Tinubu has removed Finance Minister Wale...

Fuel, FX and Inflation Pressure Tightens on Nigeria’s Economy as Naira Stability Masks Cost Crisis

Business Damilola Bayonle -
Nigeria’s economy is currently sending mixed signals that are difficult to ignore. On paper, the naira has shown periods of...