Finance & Economy - Page 17

Weak Naira: CBN Sells $543.5m To Boost FX Market

The Central Bank of Nigeria (CBN) has announced that it sold a total sum of $543.5 million to authorised dealer banks between 6 – 30 September 2024. According to a statement by

Victor Ezeja

2 months ago

Naira Appreciates To ₦1,600 As Dollar Supply Rises

Business·Currency·Latest News·Markets

Naira Appreciates To N1631.21/$ At Official Market, Ends Week On Positive Note

The naira further appreciated at the official market on Friday to end the week on a positive note. The naira exchanged N1,631.21 against the dollar on Friday, 4th October, according to the

Victor Ezeja

2 months ago

Imo, Zamfara, Abia Record Lowest VAT In August

Business·Latest News·Oil & Gas

List Of 63 Items Exempted From VAT In New Fiscal Reforms

The Federal Government of Nigeria has recently announced a significant update to its fiscal policy by exempting 63 items from Value-Added Tax (VAT). This move is part of the government’s broader strategy

Emmanuel Ochayi

2 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

2 months ago

Business·Latest News·Oil & Gas

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Naira-for-Crude supply yet to commence The much-anticipated Naira-for-Crude deal between the Nigerian National Petroleum Company Limited (NNPC) and the Dangote Petroleum Refinery, expected to start on October 1, 2024, has been delayed.

Emmanuel Ochayi

2 months ago

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

2 months ago

Naira Slips Again As Dollar Supply Drops

Business·Currency·Latest News·Markets

Naira Rebounds As Dollar Supply Surges To $450.39m

The Nigerian naira recorded appreciation for the first time in the week’s trading at the official segment of the foreign exchange market. The naira exchanged N1659.26 against dollar on Thursday, 3 October,

Victor Ezeja

2 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Finance & Economy

Social Contract, Economic Reforms And The Drive For $1 Trillion Economy

At a public function in Lagos two weeks ago, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, gave startling revelations on the weaknesses and inadequacies of our

Etim Etim

2 months ago

Business·Currency·Latest News·Markets

Naira Crashes To N1,700/$ After October 1 Public Holiday

Nigerian naira crashed to almost N1,700 at the official segment of the foreign exchange market after the 64th Independence Day anniversary holiday. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data

Victor Ezeja

2 months ago

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Latest News·Oil & Gas·World News

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Saudi Arabia has issued a serious warning to its fellow members of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, commonly known as OPEC+. The Kingdom warned that oil

Emmanuel Ochayi

2 months ago

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Finance & Economy - Page 17

Weak Naira: CBN Sells $543.5m To Boost FX Market

Naira Appreciates To N1631.21/$ At Official Market, Ends Week On Positive Note

List Of 63 Items Exempted From VAT In New Fiscal Reforms

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th October 2024

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th October 2024

Naira Rebounds As Dollar Supply Surges To $450.39m

Social Contract, Economic Reforms And The Drive For $1 Trillion Economy

Naira Crashes To N1,700/$ After October 1 Public Holiday

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

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