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Business - Page 219

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

Why 3 Million Barrels Of Oil Production Daily Is Achievable - NNPCL

Business·News·Oil & Gas

NNPC Begins Gas Exports To Asia, Targets New Markets

NNPC Exports Gas to China and Japan The Nigeria National Petroleum Corporation (NNPC) Limited, has commenced the export of Liquefied Natural Gas (LNG), to the Asian markets of China and Japan, marking a significant milestone in its global energy strategy. This development,

August 27, 2024

Nigeria’s GDP Growth Rise By 3.2% In Q2- NBS Report

Business·News

Nigeria’s GDP Rises By 3.2% In Q2- NBS

NBS Report Reveals Strong GDP Growth The Nigerian Bureau of Statistics (NBS) has announced that Nigeria’s real Gross Domestic Product (GDP) grew by 3.2% year-over-year in the second quarter of 2024. This growth surpasses the 2.51% recorded in the same period in

August 26, 2024

Business·Finance & Economy·News

Nigeria Records N13.5trn Deficit In 2023 As Debt Servicing Gulps 43.9%

Nigeria recorded a deficit of N13.50 trillion in the 2023 fiscal year, highlighting the country’s growing financial challenges. The Federal Government generated N5.99 trillion but spent N19.50 trillion in 2023. This means the country spent more than three times what it earned

August 26, 2024

World Bank Report: Experts, Groups Advise On How Nigeria Can Halt Increasing Poverty

Business·Finance & Economy

Nigerian Businesses Expect Naira Value To Rise In 2025 – Report

Nigerian businesses have expressed optimism that after witnessing depreciation in the remaining months of 2024, the value of naira will rise in early 2025. A recent survey conducted by the Central Bank of Nigeria (CBN) revealed that businesses expect the naira to

August 26, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th August 2024

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

August 26, 2024

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

Business·Markets·News

Capital Reversals Drive $1 Billion Outflow In Nigeria’s FX Market

Capital Outflows Surge in FX Market Nigeria’s FX market experienced a significant rise in capital outflow, reaching $1 billion in April 2024, a 35.14% increase from $740 million recorded in March. The Central Bank of Nigeria (CBN) attributed this surge primarily to

August 26, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th August 2024

August 25, 2024

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·FEATURES·News·Oil & Gas

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Nigeria’s Controversial Crude Oil Supply Policy: What’s at Stake? Nigeria’s latest push to prioritise domestic crude oil supply over exports is raising alarm bells across the oil industry. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream Petroleum Regulatory Authority

August 25, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 2024

August 25, 2024

Inflation: How To Protect Your Money In An Unstable Economy

Business·FEATURES·News

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Rising Inflation Puts Nigerian Small Businesses on the Brink Small business owners across Nigeria are grappling with unprecedented challenges as rising inflation continues to batter the economy. The effects of the economic downturn are far-reaching, with many entrepreneurs facing significant financial strain,

August 25, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Business - Page 219

Exchange Rates For Dollar Increase Across Parallel, Official Markets

NNPC Begins Gas Exports To Asia, Targets New Markets

Nigeria’s GDP Rises By 3.2% In Q2- NBS

Nigeria Records N13.5trn Deficit In 2023 As Debt Servicing Gulps 43.9%

Nigerian Businesses Expect Naira Value To Rise In 2025 – Report

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th August 2024

Capital Reversals Drive $1 Billion Outflow In Nigeria’s FX Market

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th August 2024

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 2024

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

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Business - Page 219

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