Finance & Economy - Page 120

Naira Ends Week With N59.71 Gain At Official Market

Dollar, Pound, Euro Rates Slump After CBN Lifts Ban On Black Market

The naira increased in value after trading closed on Friday in the official market, appreciating by 0.15 per cent, as the United States Dollar (USD) ended trading at the rate of N739.52/$1.

Fakoyejo Olalekan

1 year ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

On Thursday, foreign exchange traders in the black market recorded N33.5 kobo drop in the price of the United States Dollar (USD). The dollar was sold in the Bureau De Change window

Fakoyejo Olalekan

1 year ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira Gains, As Dollar Rates Drop In Official Window, Black Market

The value of the United States Dollar depreciated by N19.19 kobo or 2.52 per cent on Thursday to N740.67/$1, from the preceding day’s N759.86/$1. This was according to the data obtained from

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Falls In Official Window, Black Market USD Rate Drops To N910

Investors and exporters saw the value of the United States Dollar (USD) drop to N759.86/$1 in the official market on Wednesday, as the naira appreciated by 1.92 per cent. The authorised dealers

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

NNPC Denies Plans To Increase Fuel Price

The Nigerian National Petroleum Company (NNPCL) has clarified that it will not increase the price of Premium Motor Spirit (PMS) in its retail outlets. The national oil company made this known in

Victor Ezeja

1 year ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar Continues To Fluctuate, Pound, Euro Fall To Naira

The exchange rate between the naira and the dollar continues to fluctuate in the official market, as both currencies ended trading at N744.41/$1 on Monday. Prime Business Africa learnt that the price

Fakoyejo Olalekan

1 year ago

NLC Blames Govt Officials For Forex Crisis, Demands Urgent Stabilisation Of Naira

Business·Oil & Gas

NLC Considers Indefinite Nationwide Shutdown Over Proposed Hike In Fuel Price

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has warned that another increase in the fuel price will lead to an indefinite nationwide shutdown. Ajaero made the warning at the

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

Oil Marketers Suspend Fuel Importation

The Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), Clement Isong, has disclosed that oil marketers have suspended their interest in the importation of Premium Motor Spirit (PMS). Isong said the

Fakoyejo Olalekan

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Naira Appreciates Against Dollar In Official Window, USD Up In Parallel Market

The dollar rate in the Investors’ and Exporters’ window of the official market closed at N740.60/$1 on Friday, the FMDQ Exchange disclosed. According to a report obtained, the value of the naira

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

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

The price of Premium Motor Spirit, also known as petrol, is projected to rise from N580 to N750 per litre weeks from now, according to oil marketers. In a statement by the

Fakoyejo Olalekan

1 year ago

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Finance & Economy - Page 120

Dollar, Pound, Euro Rates Slump After CBN Lifts Ban On Black Market

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

Naira Gains, As Dollar Rates Drop In Official Window, Black Market

Dollar Falls In Official Window, Black Market USD Rate Drops To N910

NNPC Denies Plans To Increase Fuel Price

Dollar Continues To Fluctuate, Pound, Euro Fall To Naira

NLC Considers Indefinite Nationwide Shutdown Over Proposed Hike In Fuel Price

Oil Marketers Suspend Fuel Importation

Naira Appreciates Against Dollar In Official Window, USD Up In Parallel Market

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

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