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Nigerians Brace as Naira Plummets to ₦1,750 to $1
A Nation in Crisis
Nigeria stands at a crossroads as its currency, the Naira, dramatically plummets to an unprecedented ₦1,750 to $1. This sharp decline...
Nigeria’s Foreign Debt Servicing Surges by 107.7% to ₦3.8 Trillion in Eight Months
Nigeria's Foreign Debt Servicing Surges by 107.7% to ₦3.8 Trillion in Eight Months
Nigeria's foreign debt servicing has skyrocketed by 107.7% within the first eight...
Advantages of a Weak Naira
The World Bank recently highlighted that by August 2024, the Nigerian naira was among the weakest currencies in Africa, with a year-to-date depreciation of...
ICYMI: Old Naira Notes Still Valid Indefinitely, Says CBN
The Central Bank of Nigeria (CBN) has clarified that the old N200, N500, and N1,000 banknotes will remain valid indefinitely, dispelling rumors that they...
Poverty Rate in Palestinian Territories Set to Double to 74.3% — UN Report
The United Nations Development Programme (UNDP) has reported that the poverty rate in the Palestinian territories is expected to nearly double this year, reaching...
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