Finance & Economy - Page 170

6 Reasons Naira Gains, Loses In Black Market

In the second week of November, the naira gained significantly against the United States dollar (USD) in black market after a free fall in last week of October and first week of

Fakoyejo Olalekan

2 years ago

Finance & Economy

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Centre for Promotion of Private Enterprise (CPPE) has called on the Nigerian government to review it’s tariff policies by granting concessionary import duty on intermediate products as a way of addressing the

Victor Ezeja

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

The exchange rate between the naira and the dollar fell in the black market on Wednesday, as the Nigerian currency appreciates by 1.25 per cent. This represents a N10 loss in the

Fakoyejo Olalekan

2 years ago

Business·Currency

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, said the dollar could exchange for the naira at N200 due to the decision of the Central Bank of Nigeria

Fakoyejo Olalekan

2 years ago

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business·Currency

Naira Reissue: Bank Deposits Rise Significantly

Naira deposits in commercial banks have increased since the Central Bank of Nigeria (CBN) announced the country’s currency reissue plans. Based on the announcement, there has been significant increase in deposits, according

Fakoyejo Olalekan

2 years ago

Shelter Afrique Approves Additional $13m Credit Line To Mixta Africa

Pan-African housing development financier, Shelter Afrique, has approved $13 million line of credit to Lagos-based real estate firm, Mixta Real Estate PLC. The 5-year facility with a moratorium of 24 months has been structured

PBA Reporter

2 years ago

Business·Currency

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

The naira couldn’t hold on to the gains of last week, as the dollar rate increased by N100 in the black market, representing -17.6 per cent decline in the value of the

Fakoyejo Olalekan

2 years ago

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians

Business·Oil & Gas

Petrol Pump Price May Hit N650 – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (lPMAN), Mike Osatuyi, said petrol pump price may rise astronomically as Nigerians could buy fuel at N650 to N700 per

Fakoyejo Olalekan

2 years ago

Finance & Economy

‘N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel’

Anambra State Commissioner for Budget & Economic Planning, Ms Chiamaka Nnake has stated that the N258.9 billion Anambra Budget for 2023 will focus on key deliverable projects that the citizens can feel,

Victor Ezeja

2 years ago

Business·Currency

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

The naira appreciated by 0.09 per cent against the dollar on Wednesday in the official foreign exchange market backed by the Central Bank of Nigeria (CBN). Data obtained from the FMDQ Exchange

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 170

6 Reasons Naira Gains, Loses In Black Market

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

Naira Reissue: Bank Deposits Rise Significantly

Shelter Afrique Approves Additional $13m Credit Line To Mixta Africa

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

Petrol Pump Price May Hit N650 – Marketers

‘N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel’

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

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