Business - Page 140

Why Prices Of Commodities Won’t Drop Immediately Due To Exchange Rate Gains, says Expert

Financial Derivatives Company, led by renowned financial expert Bismarck Rewane, has indicated that the gains in foreign exchange rates won’t swiftly translate into reduced commodity prices, despite efforts to stabilize the exchange

Emmanuel Ochayi

8 months ago

Equity Market Begins July With 0.04% Decline

Business·Latest News·Markets

NGX Ends Q1 2024 On Positive Note As ASI Rise By 38.94%

Equities trading on the Nigerian Exchange Limited (NGX) wrapped up the first quarter of 2024 with remarkable positivity, driven by a surge in investor confidence towards listed corporations. In a landmark achievement,

Emmanuel Ochayi

8 months ago

Bank Sort Codes in Nigeria - How to Find Them

Business·Latest News

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

CBN has mandated Commercial, Merchant and Non-interest banks to increase their capital bases to enhance their resilience, solvency and capacity to support the country's economy in the midst of domestic and external

Victor Ezeja

8 months ago

Business·Currency·Latest News

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

Naira on Wednesday, 27 March 2024 recorded further gains as the exchange rate against dollar dropped to N1,300/$1 at the official market.

Victor Ezeja

8 months ago

Fuel Scarcity: NNPC Warns Against Panic Buying, Reassures Sufficient Supply

Business·Latest News·Oil & Gas

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL), to reduce the pump price of petroleum products such as Premium Motor Spirit (PMS) also known as petrol and diesel.

Victor Ezeja

8 months ago

AMA News·Business

Yango Delivery Launches Cargo Express to Improve Large Item Shipping Efficiency in Africa

ABIDJAN, Côte d’Ivoire, 28 March 2024 -/African Media Agency (AMA)/- Yango Delivery, a technology company providing a platform for placing and receiving in-city delivery orders has introduced Cargo Express, its latest offering designed to

Prime Business Africa

8 months ago

Business·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

Victor Ezeja

8 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Currency·Latest News

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Bureau De Change operators have debunked a report that has gone viral which claims that one dollar now sells at N1,000 at parallel market.

Victor Ezeja

8 months ago

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

Business·Currency

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

Victor Ezeja

8 months ago

Business·Latest News

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

NACCIMA has warned that the latest hike of the Monetary Policy rate ( MPR) to 24.75% by the Central Bank of Nigeria (CBN) would have a significant negative impact on private sector operations

Victor Ezeja

8 months ago

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Business - Page 140

Why Prices Of Commodities Won’t Drop Immediately Due To Exchange Rate Gains, says Expert

NGX Ends Q1 2024 On Positive Note As ASI Rise By 38.94%

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

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

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Yango Delivery Launches Cargo Express to Improve Large Item Shipping Efficiency in Africa

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

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