Tag: Naira volatility

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...

Surging FX demand fuels naira volatility – Oyedele Warns

Business Damilola Bayonle -
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has pointed to discretionary demand...

Naira Falls Against Dollar at Official Exchange Market

Business Damilola Bayonle -
Nigeria’s local currency, the naira, further weakened against the United States dollar at the official foreign exchange (FX) market...