Business - Page 216

Nigeria's Diaspora Remittances Decline by %

Business·Diaspora·Finance & Economy·News

Nigeria’s 2023 Diaspora Remittances Decline By 2.9%, Remains Highest In Sub-Saharan Africa

Diaspora remittances to Nigeria declined by 2.9 per cent from $20.1 billion in 2022 to $19.5 billion in 2023. According to a World Bank report, Nigeria captured approximately 35 per cent, becoming

Victor Ezeja

July 1, 2024

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 1st July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

July 1, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th June 2024

What is the Dollar to Naira Exchange rate at the Black Market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

June 30, 2024

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Business·News

NNPC Retail Denies ‘Lubricants-for-Petrol’ Claims, Says Investigation Underway

The Nigeria National Petroleum Company (NNPC) Retail Limited has debunked allegations that a pump attendant in one of its outlets coerced customers to purchase lubricants or engine oil as a prerequisite for

Victor Ezeja

June 30, 2024

Naira Falls Against Dollar Across FX Markets

Business·News

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Nigeria’s Reserves Hit New High Nigeria’s foreign exchange (FX) reserves have reached $34.14 billion, marking a 4.06% increase from $32.74 billion on June 3, 2024. This data, released by the Central Bank

Emmanuel Ochayi

June 30, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Africa·Business·News

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

Devaluation and Market Volatility Hit Naira Hardest The naira has emerged as the worst-performing currency globally in the first half of 2024, according to a Bloomberg report released on Friday. The report

Emmanuel Ochayi

June 29, 2024

Business·Markets

Financial Markets Week-end Summary – June 28, 2024

Nigeria Borrows N7.71 Trillion In Q1 2024 The Debt Management Office (DMO) reported that Nigeria’s new borrowing in Q1 2024 was N7.71 trillion. This included N2.81 trillion from the N6.06 trillion domestic

Prime Business Africa

June 29, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

NGX All-share Index Surpasses Psychological Milestone The Nigerian stock market All-share Index (ASI) broke past the 100,000-point threshold as trading activity picked up momentum. The milestone was reached after the stock market

Emmanuel Ochayi

June 29, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th June 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

June 29, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Revises Guidelines For Foreign Currency Deposits

The Central Bank of Nigeria (CBN) has released new guidelines for the deposit of foreign currency notes by Deposit Money Banks (DMBs). In a circular dated 27 June 2024 signed by CBN’s

Victor Ezeja

June 29, 2024

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Business - Page 216

Nigeria’s 2023 Diaspora Remittances Decline By 2.9%, Remains Highest In Sub-Saharan Africa

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 1st July 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th June 2024

NNPC Retail Denies ‘Lubricants-for-Petrol’ Claims, Says Investigation Underway

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

Financial Markets Week-end Summary – June 28, 2024

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th June 2024

CBN Revises Guidelines For Foreign Currency Deposits

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