Finance & Economy - Page 140

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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

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

2 years 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

2 years ago

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Finance & Economy - Page 140

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

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

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