Tag: naira devaluation
NNPCL continues to provide subsidies despite hike in petrol price – TUC Insists
The Trade Union Congress (TUC), has attributed the prevailing high cost of petrol primarily to the devaluation of the naira,…
CBN’s Naira devaluation attracts kudos, knocks
The devaluation of Nigeria's currency ''Naira'' has met with a series of reactions from analysts.
CBN says it has only adjusted Naira price, not devalue it
The Central Bank of Nigeria has reacted to news it has devalued the Naira by as much as 15 percent,…
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Buhari angry with CBN over ‘ruthless’ Naira devaluation
President Muhammadu Buhari is certainly not happy with the Central Bank of Nigeria, CBN, over what he called ”the ruthless…
NLC slams Sanusi, says he’s fronting for IMF
Eromosele Ebhomele The Nigerian Labour Congress on Wednesday warned Emir Muhammadu Sanusi of Kano state to avoid turning traditional institution…
Union urges Buhari to reject call for naira devaluation, fuel subsidy removal
The National Union of Textile and Garment Workers of Nigeria (NUTGWN) has urged President Muhammadu Buhari to reject the call…
Naira devaluation: Why CBN must not bow to pressure
Naira devaluation: Why CBN must not bow to pressure Following the decision by the Central Bank of Nigeria, CBN, to…
Reuters: Another Naira devaluation looms
*Nigeria’s Foreign reserves drop 20 per cent, year-on-year *Naira plunges to N191.85 to dollar, worst official level in history Nigeria’s…
Naira Devaluation: TUC to demand for new minimum wage
The Trade Union Congress (TUC) said the congress would demand for wage increase for workers in the new year, following…
Naira Devaluation: Reps To Summon Sanusi, Okonjo-Iweala
The House of Representatives has mandated its committees to invite the Governor of the Central Bank of Nigeria (CBN), Malam…
IMF’s Insistence On Subsidy Removal And Naira Devaluation
By Lajuwon Lasisi The mentality of the IMF experts on Nigerian economy is always to deflate the already devaluated Nigerian…