Six days ago, the Central Bank of Nigeria (CBN) lifted the restriction placed on sales of foreign exchange to the… Read More
The authorised dealers in the official market sold the United States Dollar (USD) at the rate of N774.77/$1 at the… Read More
Wale Edun, one of the ministerial nominees of President Bola Tinubu, has disclosed that corruption and inefficiencies are behind the… Read More
In the Investors’ and Exporters’ window of the official market on Friday, the dollar was traded as low as N465/$1… Read More
Airtel Africa has disclosed that the company suffered a foreign exchange loss of $471 million in the second quarter (Q2)… Read More
The Central Bank of Nigeria (CBN) has reported that Nigeria’s foreign reserves dropped to $33.98 billion on Wednesday, 19 July. This… Read More
Stakeholders in the electricity sector have revealed that the cost of electricity will increase in December, as the tariffs will… Read More
Traders in the official market exchanged the Naira for Dollar at N462.25 kobo/$1 at the end of the session on… Read More
The exchange rate between the Naira and the Dollar settled at ₦462.78/$1 on Monday, 8 May, in the official market,… Read More
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), Billy Gillis-Harry, has revealed that scarcity of… Read More
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