Finance & Economy - Page 170

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

In the investors’ and exporters’ window of the official market, the United States Dollar (USD) was sold at N762.63/$1 on Thursday, 6 July. The FMDQ Exchange, the official foreign exchange rate aggregator,

Fakoyejo Olalekan

July 7, 2023

Business·Finance & Economy

Fuel Subsidy Removal, FX Reforms Will Have Positive Impact In Long Run – MOMAN

Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, has said the ongoing measures being taken by the Federal Government, particularly the removal of subsidy on petrol and foreign

Victor Ezeja

July 6, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Down N26 In Official Market, Black Market Price Rises

The cost of the United States Dollar (USD) in the official market was reduced by N26.13 kobo on Wednesday, June 5, FMDQ Exchange reports. As stated by the official market foreign exchange

Fakoyejo Olalekan

July 6, 2023

FG To Stop Taxing Tomatoes, Other Non-taxable Goods, Services

Agro-Economy·Business

Women Turn To ‘Carrot Stew’ As Cost of Tomatoes Skyrockets In Nigeria

Some women said they have opted for carrots and other sauces for their stews as the cost of tomatoes continues to soar in Nigeria. Some residents in Lagos, who spoke to Prime

Victor Ezeja

July 5, 2023

Business·Currency

Black Market Dollar Rate Slightly Surpasses Official Window Price

On Tuesday, the dollar cost more in the black market than in the official market, according to aggregators of both foreign exchange channels. In the Bureau De Change window of the black

Fakoyejo Olalekan

July 5, 2023

Agro-Economy·News·Top Stories

Experts Seek Strong Private Sector, Media Collaboration On Climate Change Impact Awareness

With the growing threat of climate change globally, experts have called for better collaboration between private sector players and media organisations to step up advocacy about the impact, especially on food supply

Victor Ezeja

July 4, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency·Insights

Will Tinubu’s Foreign Exchange Policy Reform End Black Market Activities?

As of March 2023, Nigeria was one of 24 countries with multiple foreign exchange markets, housing the official and black markets, both of which have a premium gap. The countries with active

Fakoyejo Olalekan

July 4, 2023

Business·Oil & Gas

Shell Petroleum Directors Meet Tinubu Over Investments After ExxonMobil Visit

President Bola Tinubu and a delegation from the Shell Petroleum Development Company (SPDC) met over Nigerian investments and his government’s policy reforms. Tinubu told the Shell Petroleum delegation, led by the firm’s

Fakoyejo Olalekan

July 4, 2023

Business·Currency

Dollar Rates Fall In Official Window, Up In Black Market, To Affect Fuel Price

At the close of trading in the official market on Monday, foreign exchange traders exchanged the United States Dollar (USD) at N741.50/$1. This was below the N769.25/$1 rate the authorised dealers sold

Fakoyejo Olalekan

July 4, 2023

Finance & Economy

‘Tinubu’s Reforms Will Bolster Econonmic Growth’

A Stakeholder in Nigeria’s Energy Sector and a former Presidential Candidate, Mr. Gbenga Olawepo-Hashim, has indicated that Nigeria may be set for a huge economic growth owing to the current financial and

Victor Ezeja

July 3, 2023

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Finance & Economy - Page 170

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

Fuel Subsidy Removal, FX Reforms Will Have Positive Impact In Long Run – MOMAN

Dollar Rate Down N26 In Official Market, Black Market Price Rises

Women Turn To ‘Carrot Stew’ As Cost of Tomatoes Skyrockets In Nigeria

Black Market Dollar Rate Slightly Surpasses Official Window Price

Experts Seek Strong Private Sector, Media Collaboration On Climate Change Impact Awareness

Will Tinubu’s Foreign Exchange Policy Reform End Black Market Activities?

Shell Petroleum Directors Meet Tinubu Over Investments After ExxonMobil Visit

Dollar Rates Fall In Official Window, Up In Black Market, To Affect Fuel Price

‘Tinubu’s Reforms Will Bolster Econonmic Growth’

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