Finance & Economy - Page 119

Black Market, Official Window Forex Dealers Drop Dollar Rate

Authorised dealers and their clients traded the dollar at the rate of N771.69/$1 at the close of trading in the Investors’ and Exporters’ (I&E) window of the official market on Thursday. This

Fakoyejo Olalekan

1 year ago

Finance & Economy

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

The persisting foreign exchange crisis in Nigeria which has seen the naira fall to a record low, especially in recent time, will continue unless the country comes up with an effective strategy

Victor Ezeja

1 year ago

Business·Currency·Insights

2years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

Six days ago, the Central Bank of Nigeria (CBN) lifted the restriction placed on sales of foreign exchange to the Bureau De Change operators by the apex Bank’s suspended chief, Godwin Emefiele.

Fakoyejo Olalekan

1 year ago

Business·Currency

Black Market, Official Window Dollar Rates’ Gap Widens To N127 After BDCs Hike USD Price

Foreign exchange traders recorded a slight increase in the price of the United States Dollar (USD) in the official market on Wednesday, as the rate rose to N773.42/$1 from N770.72/$1 rate. However,

Fakoyejo Olalekan

1 year ago

Business·Entrepreneurship

UNN Student Entrepreneurs 2023

By Jacinta Chisom Oguadinma The University of Nigeria, Nsukka (UNN), is enabling a vibrant community of young entrepreneurs who are using their creativity and ambition to foster positive changes. These student-entrepreneurs

Jacinta Chisom Oguadinma

1 year ago

Business·Oil & Gas

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to take advantage of the technology used by illegal refineries. According to the Chairman of IPMAN’s Enugu Depot Community,

Fakoyejo Olalekan

1 year ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency

Dollar Crashes In Black Market, Maintains Increase In Official Window

FMDQ Exchange reported on Tuesday that the rate of the United States Dollar (USD) increased by N9.2 kobo in the Investors’ and Exporters’ window of the official market. Prime Business Africa learnt

Fakoyejo Olalekan

1 year ago

Oil & Gas

Minister Of State For Gas Targets Reduction In Transportation Costs

Ekperikpe Ekpo, Nigeria’s Minister of State for Gas, has embarked on a collaborative mission with the Ministry of Petroleum Resources to tap into the country’s abundant natural gas reserves. The primary goal

Somto Bisina

1 year ago

Business·Currency

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

FG Loses N249bn To Decline In Crude Output, Fuel Hike Drops PMS Consumption

In July 2023, Nigeria’s total crude oil production fell to 33.5 million barrels, resulting in about N249 billion or $320.4 million lost last month, worsening the Federal Government’s revenue problem in the

Fakoyejo Olalekan

1 year ago

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Finance & Economy - Page 119

Black Market, Official Window Forex Dealers Drop Dollar Rate

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

2years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

Black Market, Official Window Dollar Rates’ Gap Widens To N127 After BDCs Hike USD Price

UNN Student Entrepreneurs 2023

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Dollar Crashes In Black Market, Maintains Increase In Official Window

Minister Of State For Gas Targets Reduction In Transportation Costs

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

FG Loses N249bn To Decline In Crude Output, Fuel Hike Drops PMS Consumption

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