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Experts decry over reliance on foreign goods as pressure on naira persists

Experts decry over reliance on foreign goods as pressure on naira persists
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United statesTajudeen olayinkaBen adanoguSaidu abdulrahmanA bureau de changeChief executive officerWyoming capitalBureau de change

How Foreign Universities Fees, Other Factors Contribute To Depreciation Of Naira – Financial Experts

Some financial experts in the country have attributed the current depreciation of the Nigerian naira to the high demands for school fees abroad among other contributing factors. Speaking with newsmen, the experts also called on Nigerians to shun foreign goods and prioritise local options to reduce the pressure on the naira. Tajudeen Olayinka, who is CEO of Wyoming Capital & Partners, said a rising patronage of quality locally made goods and purchase made in Nigeria products would strengthen the naira.

Sango ottaOgun stateUnited statesSaidu abdulrahmanTajudeen olayinkaCentral bankA bureau de changeWyoming capitalBureau de changeInvestigative reportingBreaking news

Naira appreciates in parallel market, steadies for 3 day - New Nigerian Politics

market in the last three days even as it maintained consistency in the official market. According to Aboki FX, the naira maintained its consistency even as it

Nigeria generalUnited statesJohnson chukwuSaidu abdulrahmanCentral bankCowry asset managementNigerian autonomous foreign exchange fixingCowry asset management limited

Naira Appreciates In Parallel Market, Steadies For 3 Days

The naira continued to appreciate in the parallel market in the last three days even as it maintained consistency in the official market.

Nigeria generalUnited statesJohnson chukwuSaidu abdulrahmanCowry asset managementCentral bankNigerian autonomous foreign exchange fixingCowry asset management limited