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Dollar scarcity

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), Billy Gillis-Harry, has revealed that scarcity of Dollars in the official market and crude oil cost could push fuel price to N1,700 after the subsidy is removed in June.

May 8, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·News·Top Stories

Forex Not Enough For Banks – CBN

There are indications that Nigerian banks will face even tougher times sourcing forex in the coming months, following the latest warning issued by the country‘s banking regulator. Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele asked banks to expect less

December 15, 2022

Aviation Workers To Shutdown Airport Operation For Two Days, Reveal Reasons

Business·Insights

Air Passengers May Pay More, As Scarcity Pushes Aviation Fuel To N800

Scarcity of aviation fuel, also known as Jet A1, in the northern region of Nigeria has pushed the price to N800, circling back to the level it was at the end of the first half of 2022. Dependent on availability, aviation fuel

November 24, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Bureau De Change Operators Fail To Agree On Dollar Rate

November 3, 2022, Dollar Rate: The dollar rate in the black market fell below N1000 on Thursday, as Bureau De Change operators told Prime Business Africa that they are still struggling to get their hands on dollar. On Wednesday, PBA had reported

November 3, 2022

Business

Yemi Osinbajo Offers Forex Solution Amid Dollar Scarcity

The Vice President, Yemi Osinbajo, has proffered solution to the dollar scarcity in Nigeria, advising for synergy between fiscal and monetary policy, amid depreciation of naira. In a statement obtained by Prime Business Africa, Osinbajo said controlling the demand and supply of

October 17, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

CBN Blames NNPC, Two Others, As Dollar Sells For N718

The Nigeria National Petroleum Company (NNPC) Limited has been blamed by the Central Bank of Nigeria (CBN) for scarcity of dollar and depreciation of the naira in recent weeks. Nigeria’s financial regulator made the statement on Friday after the exchange rate of

July 29, 2022

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Dollar scarcity

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

Forex Not Enough For Banks – CBN

Air Passengers May Pay More, As Scarcity Pushes Aviation Fuel To N800

Bureau De Change Operators Fail To Agree On Dollar Rate

Yemi Osinbajo Offers Forex Solution Amid Dollar Scarcity

CBN Blames NNPC, Two Others, As Dollar Sells For N718

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