August 23, 2024

Again, Naira experiences sharp decline against Dollar

Ajibola6 months ago01 mins

The Naira experienced a sharp decline against the Dollar on Thursday in the foreign exchange market, just one day after a notable increase. According to FMDQ data, the Naira dropped to N1586.11 per Dollar on Thursday, down from N1543.84 on Wednesday. This marks a depreciation of N42.27 against the Dollar compared to the previous day’s…

Deficit spending by FG reaches N1.99 trillion

Ajibola6 months ago03 mins

Deficit spending by the Federal Government increased by 2.05 percent year-on-year (YoY), reaching N1.99 trillion in the first four months of 2024 (4M’24), compared to N1.95 trillion during the same period in 2023 (4M’23). An analysis of the Federal Government’s fiscal activities, based on data from the Central Bank of Nigeria (CBN) Economic reports, revealed…

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Again, Naira experiences sharp decline against Dollar

Deficit spending by FG reaches N1.99 trillion

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