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4.11℃
Tuesday, March 19
Financial analysts and market observers are closely watching the impact of President Bola Tinubu’s administration’s economic reforms, anticipating a positive shift in the currency’s valuation. The naira’s performance in both …
The firm explained that continued high inflation, deficit monetisation, negative short-term accurate interest rates, low foreign reserves, and a backlog of foreign exchange requests would continue to drain confidence in …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1600 and sell at N1610 on Saturday 16th March 2024, according to sources …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1600 and sell at N1610 on Saturday 16th March 2024, according to sources …
As of 16 March 2024, the price of Cooking gas stands at: 1kg – N1,000 2kg – N2,000 3kg – N3,000 5kg – N5,000 6kg – N6,000 10kg – N10,000 …
As of 16 March 2024, the price of Cooking gas stands at: 1kg – N1,000 2kg – N2,000 3kg – N3,000 5kg – N5,000 6kg – N6,000 10kg – N10,000 …
The National Bureau of Statistics (NBS) has revealed in it’s latest report that Nigeria’s inflation rate skyrocketed by 31.6% in the month of February. The bureau said the January 2024 …
The National Bureau of Statistics (NBS) has revealed in it’s latest report that Nigeria’s inflation rate skyrocketed by 31.6% in the month of February. The bureau said the January 2024 …
“Now, it is up to 1.65 million barrels per day, that is one source of bringing in dollars and revenue into the government coffers that is non-inflationary.” OPEC, however, announced …
“Now, it is up to 1.65 million barrels per day, that is one source of bringing in dollars and revenue into the government coffers that is non-inflationary.” OPEC, however, announced …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1602 and sell at N1605 on Thursday 14th March 2024, according to sources …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1602 and sell at N1605 on Thursday 14th March 2024, according to sources …
“If we have consistency in supply, free flow of supply just like the developed economy where production is consistent and heavy, production is efficient and going on at any time, …
“If we have consistency in supply, free flow of supply just like the developed economy where production is consistent and heavy, production is efficient and going on at any time, …
Abia: N80,000 Adamawa: N75,000 Akwa Ibom: N80,000 Anambra: N70,000 Bauchi: N75,000 Bayelsa: N80,000 Benue: N75,000 Borno: N75,000 – N90,000 Cross River: N85,000 Delta: N80,000 Ebonyi: N70,000 Edo: N75,000 Ekiti: N85,000 …
Abia: N80,000 Adamawa: N75,000 Akwa Ibom: N80,000 Anambra: N70,000 Bauchi: N75,000 Bayelsa: N80,000 Benue: N75,000 Borno: N75,000 – N90,000 Cross River: N85,000 Delta: N80,000 Ebonyi: N70,000 Edo: N75,000 Ekiti: N85,000 …
“In pursuit of these goals, we are delighted to announce the allocation of 2.15 million bags of fertiliser valued at over N100 billion, which we’re humbly handing over to the …
“In pursuit of these goals, we are delighted to announce the allocation of 2.15 million bags of fertiliser valued at over N100 billion, which we’re humbly handing over to the …
“Now, it is up to 1.65 million barrels per day, that is one source of bringing in dollars and revenue into the government coffers that is non-inflationary.” OPEC, however, announced …
“Now, it is up to 1.65 million barrels per day, that is one source of bringing in dollars and revenue into the government coffers that is non-inflationary.” OPEC, however, announced …
She pointed out that the financial burden posed by the inflated costs of sanitary products, driven by the country’s soaring inflation rate, has led teenagers and older women to adopt …
She pointed out that the financial burden posed by the inflated costs of sanitary products, driven by the country’s soaring inflation rate, has led teenagers and older women to adopt …
Moreover, the FMDQ reported a significant increase in daily FX turnover, which surged by 103.59 percent to $248.75 million compared to $122.18 million recorded in the previous trading day. The …
Moreover, the FMDQ reported a significant increase in daily FX turnover, which surged by 103.59 percent to $248.75 million compared to $122.18 million recorded in the previous trading day. The …
This lack of regulation means that exchange rates in the black market are primarily influenced by the forces of supply and demand, leading to significant fluctuations that can impact the …
This lack of regulation means that exchange rates in the black market are primarily influenced by the forces of supply and demand, leading to significant fluctuations that can impact the …
The black market, or parallel market, serves as an alternative financial platform in Nigeria, catering to those seeking to exchange currencies outside the conventional banking channels.
The black market, or parallel market, serves as an alternative financial platform in Nigeria, catering to those seeking to exchange currencies outside the conventional banking channels.
I believe it is testament to the conducive business environment created by deliberate and intentional policies by the Nana Addo Dankwa Akufo Addo government.” Speaking at the brand unveil, the …
I believe it is testament to the conducive business environment created by deliberate and intentional policies by the Nana Addo Dankwa Akufo Addo government.” Speaking at the brand unveil, the …
By maintaining its ranking and implementing strategic approaches, Ghana can continue to leverage its affordable fuel prices to drive economic growth and development. Affordable fuel prices are essential for sustaining …
By maintaining its ranking and implementing strategic approaches, Ghana can continue to leverage its affordable fuel prices to drive economic growth and development. Affordable fuel prices are essential for sustaining …
“However, agricultural exports collapsed as the economy shifted towards petroleum exploitation, and by the mid-1980s Nigeria’s world market share for agricultural products has dwindled to less than 0.1 per cent.” …
“However, agricultural exports collapsed as the economy shifted towards petroleum exploitation, and by the mid-1980s Nigeria’s world market share for agricultural products has dwindled to less than 0.1 per cent.” …
PresidentBola Tinubuhad previously announced a conservative oil price benchmark of 77.96 US dollars per barrel and a daily oil production estimate of 1.78 million barrels per day. Naija Newsunderstands that …
PresidentBola Tinubuhad previously announced a conservative oil price benchmark of 77.96 US dollars per barrel and a daily oil production estimate of 1.78 million barrels per day. Naija Newsunderstands that …
Market analysts link this fortuitous uptick to the Central Bank of Nigeria’s (CBN) recent decision to hike the Monetary Policy Rate by 400 basis points to 22.75 percent, up from …
Market analysts link this fortuitous uptick to the Central Bank of Nigeria’s (CBN) recent decision to hike the Monetary Policy Rate by 400 basis points to 22.75 percent, up from …
Uche said,“In the Federal Capital Territory (FCT), Niger, and Nasarawa States, prices have witnessed a significant decline compared to previous levels, which exceeded N13,000 per bag before government intervention.” According …
Uche said,“In the Federal Capital Territory (FCT), Niger, and Nasarawa States, prices have witnessed a significant decline compared to previous levels, which exceeded N13,000 per bag before government intervention.” According …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1600 and sell at N1603 on Tuesday 12th March 2024, according to sources …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1600 and sell at N1603 on Tuesday 12th March 2024, according to sources …
Further supporting the naira’s potential for appreciation, the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR), which serves as a benchmark …
Further supporting the naira’s potential for appreciation, the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR), which serves as a benchmark …
Exchange Rate Volatility Nigeria’s dependence on imported raw materials for cement production means that exchange rate fluctuations can significantly affect cement prices. Policies aimed at protecting the local cement industry, …
Exchange Rate Volatility Nigeria’s dependence on imported raw materials for cement production means that exchange rate fluctuations can significantly affect cement prices. Policies aimed at protecting the local cement industry, …
Abia: N8,500 – N10,000 Adamawa: N8,500 – N10,000 Akwa Ibom: N8,500 – N10,000 Anambra: N8,500 – N10,000 Bauchi: N8,500 – N10,000 Bayelsa: N8,500 – N10,000 Benue: N8,500 – N10,000 Borno: …
Abia: N8,500 – N10,000 Adamawa: N8,500 – N10,000 Akwa Ibom: N8,500 – N10,000 Anambra: N8,500 – N10,000 Bauchi: N8,500 – N10,000 Bayelsa: N8,500 – N10,000 Benue: N8,500 – N10,000 Borno: …
A recent survey by BusinessDay in selected Lagos food markets reveals the latest prices of various top local parboiled rice brands, shedding light on the growing concern over food security …
A recent survey by BusinessDay in selected Lagos food markets reveals the latest prices of various top local parboiled rice brands, shedding light on the growing concern over food security …
During a thorough discussion in early February, Senator Adamu Aliero argued that certain state governors, as well as some retired senators, have received N18 billion as shock absorbers through the …
During a thorough discussion in early February, Senator Adamu Aliero argued that certain state governors, as well as some retired senators, have received N18 billion as shock absorbers through the …
Agricultural experts note that paddy rice prices in Nigeria are subject to seasonal cycles, typically dipping during the rainy season when harvests flood the market, and spiking in the dry …
Agricultural experts note that paddy rice prices in Nigeria are subject to seasonal cycles, typically dipping during the rainy season when harvests flood the market, and spiking in the dry …
“After 2024-03-08 08:00 (UTC), Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = …
“After 2024-03-08 08:00 (UTC), Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = …
Notably, the Nigerian flour market is dominated by key players such as Dangote Flour Mills, Honeywell Flour Mills, and Flour Mills of Nigeria. Transportation And Logistics Costs The cost of …
Notably, the Nigerian flour market is dominated by key players such as Dangote Flour Mills, Honeywell Flour Mills, and Flour Mills of Nigeria. Transportation And Logistics Costs The cost of …
This figure marks a significant 53% increase from the N583.3 billion recorded in 2022, underscoring the sector’s pivotal role in the country’s economy. The most recent data from theCentral Bank …
This figure marks a significant 53% increase from the N583.3 billion recorded in 2022, underscoring the sector’s pivotal role in the country’s economy. The most recent data from theCentral Bank …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1610 and sell at N1620 on Sunday 10th March 2024, according to sources …
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1610 and sell at N1620 on Sunday 10th March 2024, according to sources …
Goldman Sachs backed the Nigerian government’s recent monetary policies, which was seen as “cheap” or undervalued, in an effort to save the Naira. The analysts believed that the country’s foreign …
Goldman Sachs backed the Nigerian government’s recent monetary policies, which was seen as “cheap” or undervalued, in an effort to save the Naira. The analysts believed that the country’s foreign …