Finance & Economy - Page 131

Naira Slips Again As Dollar Supply Drops

Naira To Dollar Rate Fall To N756 In Official Market, Increases In Black Market

The naira to dollar rate closed at N756.61/$1 in the investors’ and exporters’ window of the official market on Tuesday, 19 June. Prime Business Africa learnt from the FMDQ Exchange that the

Fakoyejo Olalekan

1 year ago

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

What You Need To Know, As Six Nigerian Companies Get Fuel Importation License

Six oil companies have been given the approval to import petroleum products into Nigeria, starting from July 2023, the Managing Director of the Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Rate Rises To N770/$1 In Official Market, Trade At N757 In Black Market

The official market has turned the tide against the black market, as the gap between both foreign exchange channels is N12.98 kobo, as of Monday, 19 June 2023. Prime Business Africa notes

Fakoyejo Olalekan

1 year ago

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Labour·Latest News

FG, Labour Resume Talks Over Fuel Subsidy Removal

Meeting on the recent removal of fuel subsidy between the federal government and organised labour is underway at the Presidential Villa, Abuja, to discuss various interventions

Ifeanyi Ibeand

Admin

1 year ago

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

Business·Currency

GTBank, Zenith, Others Receive 6 New Forex Directives From CBN

The domiciliary account withdrawal limit has been increased to $10,000 per day by the Central Bank of Nigeria (CBN), as the apex bank issues six new directives to Deposit Money Banks (DMBs).

Fakoyejo Olalekan

1 year ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

In the Bureau De Change window of the black market, the cost of the dollar, euro and the British pound increased on Friday, as the value of the naira fell. According to

Fakoyejo Olalekan

1 year ago

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Finance & Economy

Subsidy Removal: ‘Govt Should Allow Full Deregulation To Engender Healthy Competition In Petrol Supply, Better Price’

With the announcement of the removal of subsidy on petrol, the Federal Government has been urged to allow full deregulation of the downstream sector of the oil and gas industry to engender

Victor Ezeja

1 year ago

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

Finance & Economy

Subsidy Removal: States To Share More Revenues – Expert

Economic experts have expressed optimism that the removal of subsidy on Premium Motor Spirit (PMS) also known as petrol by President Bola Tinubu will lead to increase in share of revenue by

Victor Ezeja

1 year ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Market Traders Increase Dollar Rate To N702, Black Market USD, Pound Rates Drop

The official market dollar rate ended Thursday’s trading with N702.19/$1, up from the N664.04/$1 reported during the previous day’s session. According to the analysis of the official dollar rate provided by FMDQ

Fakoyejo Olalekan

1 year ago

Finance & Economy

Subsidy Removal: ‘Nigeria Should Channel Funds To Skill Acquisition Schemes For Job Creation’

Amid the quest to scale up production and boost Nigeria’s economy, the Federal Government has been advised to channel money to be saved from removal of subsidy on petrol to fund training

Victor Ezeja

1 year ago

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Finance & Economy - Page 131

Naira To Dollar Rate Fall To N756 In Official Market, Increases In Black Market

What You Need To Know, As Six Nigerian Companies Get Fuel Importation License

Dollar Rate Rises To N770/$1 In Official Market, Trade At N757 In Black Market

FG, Labour Resume Talks Over Fuel Subsidy Removal

GTBank, Zenith, Others Receive 6 New Forex Directives From CBN

Black Market’s Dollar, Euro And Pound Rates Rise, USD Drops By N39 In Official Market

Subsidy Removal: ‘Govt Should Allow Full Deregulation To Engender Healthy Competition In Petrol Supply, Better Price’

Subsidy Removal: States To Share More Revenues – Expert

Official Market Traders Increase Dollar Rate To N702, Black Market USD, Pound Rates Drop

Subsidy Removal: ‘Nigeria Should Channel Funds To Skill Acquisition Schemes For Job Creation’

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