Naira is trading at a record low against the dollar, the stock market has slumped 15% this year, making it the worst performer in Africa, and financial reserves are being depleted. She said: “It’s going to be a very difficult year. We’ve had a
more than 50% fall in the price of oil and that has naturally impacted the economy.”…… yahoo boys r however happy wt d current dollar exchange rate. The motorists and the people selling gala in traffic see hold-up from different angles u kno…..
“It’s going to be a very difficult year,” Finance Minister Ngozi Okonjo-Iweala told CNN
Related Articles
-
-
-
Nigeria’s forex reserves rise by 5.6% month-on- month by July 22, U.K Reuters reports
admin, , news, 0
The reserve rose to $30.69 billion by July 22, up 5.6% from $29.03 billion a month earlier, according a...
-
-
-
Jungle Justice: Notorious thief, Don D, beaten to death by angry mob after being caught in Bayelsa State
admin, , news, 0
According to Dogitimi, the sad incident took place this morning in Twon Brass, Bayelsa State
-
AIT staff killed by suspected “one chance” operators .
Nikky, , news, 0
Abayomi Adigun, a staff of the African Independent Television, AIT, is dead after falling victim of suspected “one chance”...
-
“Emulate the Hausa Muslims,” Bishop says, as he bars priests from officiating at costly burials
admin, , news, 0
Most Revd. Paulinus Ezeokafor, the Catholic Bishop of Awka Diocese, has directed the priests of the diocese to desist...
0 Comments
View Posts By Dates
ADs
Latest Posts
- Ogun police arrest two self-made entrepreneurs over alleged rit¥al-related crime December 18, 2024
- 2025 Budget Will Reduce Inflation by 15% — President Tinubu assures Nigerians December 18, 2024
- Lekki Central Mosque Banner: Lawyer throws a question at Actor Wumi, others December 18, 2024
- China executes former State official Li Jianping for $421 million fra¥d December 18, 2024
- We Borrowed $1Billion To Support Dangote Refinery — NNPCL December 18, 2024
- Lady laments after a stampede allegedly claimed the lives of numerous children at a giveaway event in Ibadan December 18, 2024
- Burna Boy surprises senior colleague, Seun Kuti, with an iconic chain worth millions after a proper meetup December 18, 2024
- FG Paid N199 Billion As Electricity Subsidy for Nigerians in December 2024 — NERC December 18, 2024
- Lawyer weighs in on Gov. Adeleke’s pardon for man sentenced to d+ath for ste@ling fowl December 18, 2024
- With evidence from the law, Police PRO, Olumuyiwa Adejobi backs up a police officer requesting a dog permit from a citizen December 18, 2024