Finance & Economy - Page 163

‘Japa’ Pushes UK Pound Rate To N920, As Nigerians Overwhelm Black Market

Nigerians’ quest to ‘Japa’ – a local parlance by youths connoting offshore escape from hardship and economic deprivation – has increased the value of the pound in ‘black market’. Bureau De Change

Fakoyejo Olalekan

2 years ago

Finance & Economy

Economist Advocates 3-year Budgeting System In Nigeria

A development economist, Dr Boniface Chizea, has urged the Nigerian government to adopt a three-year budgeting system as a way of resolving the challenge of meeting up with the implementation of all

Victor Ezeja

2 years ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

The black market seems to be aligned on the exchange rate to sell dollars to the public, but there’s a disparity in the rate to buy the foreign currency from traders and

Fakoyejo Olalekan

2 years ago

BDC Operators' Pound Rate Causing Gains, Loses For Nigerians

Business·Currency

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

On Wednesday, the pound extended its value closer to N1000 exchange rate in the Bureau De Change window of the black market, selling above the dollar rate. Prime Business Africa was told

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

The exchange rate between the dollar and naira continues to sell above N700 in the black market, as demands for foreign exchange switched to the parallel market due to the Christmas holiday

Fakoyejo Olalekan

2 years ago

World's 20 Richest Women In 2022 - Their Net Worth

Insights·Latest News·Personal Finance·World News

See World’s 20 Richest Women In 2023 – UPDATED

PBA’s list of world’s ’20 richest women’ serves to show that great wealth is not exclusive to men; women are good billionaires as well. Many of these women attained billionaire status either

Victor Ezeja

2 years ago

Business·Currency

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

As Nigerians celebrate the yuletide period, the dollar rate remains at a premium in the black market, as the naira exchanged at N740/$1 on Tuesday. The exchange rate between the naira and

Fakoyejo Olalekan

2 years ago

'Illegal Mining Threatens Nigeria's Economic Growth'

Business·Insights·Oil & Gas

UK’s Coal Mining Approval Gives Credence To Hypocrisy Allegation

The decision of the United Kingdom to approve a coal mine operation in Cumbria, in December, has given credence to the labelling of western countries as ‘hypocritical’ among developing nations. Developed countries

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Tinubu Vows To Ignore Protest, Remove Fuel Subsidy

The Presidential Candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has said he will remove subsidy on Premium Motor Spirit (PMS), also known as petrol if elected in 2023 election.

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·Insights

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 163

‘Japa’ Pushes UK Pound Rate To N920, As Nigerians Overwhelm Black Market

Economist Advocates 3-year Budgeting System In Nigeria

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

UK’s Coal Mining Approval Gives Credence To Hypocrisy Allegation

Tinubu Vows To Ignore Protest, Remove Fuel Subsidy

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

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