Finance & Economy - Page 155

Naira Ends Week With Marginal Gain Against Dollar

Dollar Records Mixed Fortunes In Official Window, Black Market

The foreign exchange rate aggregator for the official market, FMDQ Exchange, disclosed that the average rate of the dollar at the end of Tuesday’s session was N763/$1. It contrasted with the N768.17/$1

Fakoyejo Olalekan

June 28, 2023

Business·Oil & Gas

Fuel Subsidy Scam: Tinubu Should Order Audit Of Payments, Prosecute Culprits – ex-TUC President

Former President of the Trade Union Congress (TUC), Mr Peter Esele, has called on President Bola Tinubu to order a comprehensive audit of fuel subsidy payments over the years. Mr Esele said

Victor Ezeja

June 27, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Dollar Sells Above N760 In Official, Black Markets, BDC Increases Euro, Pound Rates

The dollar rates in the investors’ and exporters’ window of the official market and that of the Bureau De Change (BDC) window in the black market continue to converge. At the close

Fakoyejo Olalekan

June 27, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

The Former Governor of Bauchi State, Isa Yuguda, has accused the Nigerian National Petroleum Company (NNPC) Limited of enabling a fuel subsidy scam before its removal. Yuguda said the NNPC collaborated with

Fakoyejo Olalekan

June 26, 2023

Business·Oil & Gas

Bauchi Ex-gov Reveals He has A Friend Tired Of Making Money From Fuel Subsidy Scam

A former governor of Bauchi State, and former minister of Aviation, Isa Yuguda, has revealed that one of his friends benefited significantly from the fuel subsidy scam. Yuguda said the friend, operating

Fakoyejo Olalekan

June 26, 2023

Finance & Economy·News

Sterling Bank Reveals What’s In ‘Qore’ For Nigeria’s Energy, Transportation Sectors

Sterling Bank says it has changed the course of Nigeria’s energy and transportation sectors with the launch of its suite of renewable energy-powered transportation solutions – Qore Qore, according to CEO of

Somto Bisina

June 26, 2023

Finance & Economy

Soludo Woos Anambra Indigenes To Explore Investment Opportunities For State’s Growth

Anambra State Governor, Prof. Chukwuma Soludo, has urged indigenes of the state living in other parts of the country and abroad to key into his agenda of making the state a liveable

Victor Ezeja

June 23, 2023

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

Business·Currency

BDC Operators, Official Market Increase Dollar, Pound And Euro Rates

The foreign exchange rates rose across the official market and the black market on Thursday, according to reports from the FMDQ Exchange and Naira Rates. Data obtained from FMDQ Exchange, the official

Fakoyejo Olalekan

June 23, 2023

Business·Currency

One Dollar Costs N760 In Black Market, USD Rises In Official Market

The average rate of the dollar in the black market increased by N1.2 kobo or 0.15% on Wednesday, 21 June, to N760.3/$1, from the previous day’s N759.1/$1. However, the pound rate depreciated

Fakoyejo Olalekan

June 22, 2023

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

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

June 21, 2023

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Finance & Economy - Page 155

Dollar Records Mixed Fortunes In Official Window, Black Market

Fuel Subsidy Scam: Tinubu Should Order Audit Of Payments, Prosecute Culprits – ex-TUC President

Dollar Sells Above N760 In Official, Black Markets, BDC Increases Euro, Pound Rates

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

Bauchi Ex-gov Reveals He has A Friend Tired Of Making Money From Fuel Subsidy Scam

Sterling Bank Reveals What’s In ‘Qore’ For Nigeria’s Energy, Transportation Sectors

Soludo Woos Anambra Indigenes To Explore Investment Opportunities For State’s Growth

BDC Operators, Official Market Increase Dollar, Pound And Euro Rates

One Dollar Costs N760 In Black Market, USD Rises In Official Market

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

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