Finance & Economy

Naira Regains Some Value Lost To Dollar, Forex Traders Raise Transaction Volume

On Wednesday, 22 March 2023, the Naira regained some value lost to the United States Dollar (USD), after appreciating by… Read More

1 year ago

Naira Falls To Dollar, As CBN’s 18% MPR Set To Affect Imported Goods

FMDQ Exchange, the official foreign exchange (Forex) rate tracker, has revealed that the Dollar rate in the widow backed by the… Read More

1 year ago

Dollar Rate Falls, Investors, Exporters Trade $125.66m Foreign Exchange

In the official market, the Dollar rate depreciated by N0.33 kobo, indicating the Naira’s value in the Investors and Exporters… Read More

1 year ago

NNPC Appoints Frenchman To Head Its Trading Subsidiary In Nigeria

The Nigerian National Petroleum Company Limited (NNPC) Limited has appointed a former Vice President of the Abu Dhabi National Oil… Read More

1 year ago

At $68, Nigeria’s Minimum Wage Ranks Lowest In Global Survey

At a paltry $68, Nigeria's minimum wage - which measures the baseline income level for workers in a given jurisdiction… Read More

1 year ago

Naira Closes High, As Dollar Rate Depreciates

The official exchange rate between the Naira and the Dollar closed down at N461.83 kobo/$1, data obtained from FMDQ Exchange… Read More

1 year ago

Fear Of Price Hike Forces NNPC To Increase Supply To Oil Marketers

In order to avert a hike in the price of Premium Motor Spirit (PMS), known as fuel, Nigerian National Petroleum… Read More

1 year ago

Central Banks Take Steps To Avert Global Crisis, Ease Dollar Liquidity

At least five central banks in Europe and the US Federal Reserve  have announced new measures to ease strains in… Read More

1 year ago

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira… Read More

1 year ago

AfCFTA: Africa Needs Stronger Regional Integration For Greater Economic Benefits – ECA Report

African countries have made commendable progress in implementing the regional integration agenda and promoting intra-regional trade, but more work is… Read More

1 year ago

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