Connect with us
Against the backdrop of sustained rumors about the introduction of the Naira re-denomination by the current government, economy analysts and corporate chieftains have painted a discomforting...
Naira, on Wednesday, appreciated against the US Dollar on the unofficial parallel market, commonly referred to as the black market. In afternoon trading, the exchange rate...
•Diesel, aviation fuel sell for N1,000, factories shut in Kano, Ogun, Anambra, others •Telecoms operators use 40 million litres of diesel monthly, MAN warns against hike...
Amidst the inflationary impact of the removal of petrol subsidy, President Bola Tinubu has indicated that the measure has achieved desired objectives. But leading economists and...
The naira has maintained its downward trend as scarcity of the dollar bites harder, findings have revealed. At the parallel market, naira commenced trading at 1,175/$...
Nigeria’s total public debt may hit N118.37tn in the next three years, findings have shown. The figure was based on analysing Nigeria’s current debt profile and...
The Federal Government has approached the World Bank for a fresh loan of $400m for the conditional cash transfer to 15 million households as one of...
The Central Bank of Nigeria has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago. In a statement signed...
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend of demand surpassing supply seems to...
The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’...
