Finance & Economy - Page 172

EFCC Arrest 8 BDC Operators, Anti-Graft Agency Blamed For Dollar Rate Rise

Eight Bureau De Change operators of the foreign exchange black market in Kano State were arrested by the Economic and Financial Crimes Commission (EFCC). The EFCC raided the parallel market days after

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises Close To N1000, As BDC Operators Set Various Rates

November 2, 2022, Dollar Rate: The exchange rate between the dollar and the naira has surged to various levels as Bureau De Change operators sell the American currency at different rates on

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Bureau De Change Operators Reduce Dollar Rate In Black Market

November 1, 2022, Dollar Exchange Rate: On Tuesday, the average exchange rate of US dollar to naira was N800 in the black market, showing sign of demand pressure easing in the parallel market

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Naira In 53% Decline, Hits N865 Per Dollar, Nears N1,000 PBA Prediction

October 27 Dollar Exchange Rate: The dollar-to-naira black market exchange rate on Monday, crossed the N800 mark, setting its gaze on a possible N1,000/$ mark by December 2022, in line with Prime

Fakoyejo Olalekan

2 years ago

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Nigeria loses at least 700,000 barrels of crude oil to thieves per day, the Minister of State for Petroleum Resources, Timipre Sylva, has revealed. This compounds the revenue problem of the country.

Fakoyejo Olalekan

2 years ago

Finance & Economy·Latest News

LCCI Kicks Against Redesign Of Naira Notes

Lagos Chamber of Commerce and Industry (LCCI) has joined voices with those opposing the proposal of redesigning the Naira notes by the Central Bank of Nigeria effective from December 15, 2022. Prime

Victor Ezeja

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Hit N790, As BDC Operators Profit From CBN’s Policy

The exchange rate between the naira and the United States dollar (USD) went haywire in the black market on Friday evening. Bureau De Change operators profited from the recent announcement made by

Fakoyejo Olalekan

2 years ago

Business·Currency

Redesigned Naira: Finance Minister Tackles CBN Governor, Asks Lawmakers To Summon Emefiele

The Finance Minister, Zainab Ahmed, has asked the National Assembly to summon the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the redesigned naira notes. Ahmed said the central

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: One Dollar Nearing N800, After BDC Boss’ Shocking Revelation

October 27 Dollar Exchange Rate: The dollar-naira black market exchange rate increased by N10 earlier on Friday, indicating that Bureau De Change operators charged USD buyers more. During the previous trading day

Fakoyejo Olalekan

2 years ago

Finance & Economy

Afrinvest Banking Sector Report Shows Banks’ Resilience

Afrinvest Banking Sector Report has shown that commercial banks recorded modest improvement in all regulatory indicators despite daunting economic challenges

PBA Reporter

2 years ago

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Finance & Economy - Page 172

EFCC Arrest 8 BDC Operators, Anti-Graft Agency Blamed For Dollar Rate Rise

Dollar Rate Rises Close To N1000, As BDC Operators Set Various Rates

Bureau De Change Operators Reduce Dollar Rate In Black Market

Naira In 53% Decline, Hits N865 Per Dollar, Nears N1,000 PBA Prediction

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

LCCI Kicks Against Redesign Of Naira Notes

Dollar To Naira Exchange Rate: Dollar Rate Hit N790, As BDC Operators Profit From CBN’s Policy

Redesigned Naira: Finance Minister Tackles CBN Governor, Asks Lawmakers To Summon Emefiele

Dollar To Naira Exchange Rate: One Dollar Nearing N800, After BDC Boss’ Shocking Revelation

Afrinvest Banking Sector Report Shows Banks’ Resilience

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