Finance & Economy - Page 197

Naira Records First Major Depreciation At Official Market In 2025

Dollar Sells At N780, Flat At Black Market

The exchange rate between the dollar and the naira at the black market was flat on Monday, but the case was different in the official market, where the Nigerian currency appreciated. Bureau

Fakoyejo Olalekan

November 22, 2022

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

Business·Currency

Money Supply Hits N50.5 trillion On Naira Reissue

Money Supply in Nigeria has crossed N50.5 trillion, the Central Bank of Nigeria (CBN) has revealed. This comes as the financial services regulator plans to release redesigned naira notes. The money supply

Fakoyejo Olalekan

November 21, 2022

Business·Finance & Economy·News·Top Stories

27 Ways To End ‘Nigeria’s Poverty Trap’ – IGET Policy Report

The maiden IGET Policy Report, termed ‘Nigeria’s Poverty Trap – How To End It,’ released in the early hours of Monday, November 21, 2022, suggests 27 ways Nigeria could get 100 million

Uduegbunam Chukwujama

November 21, 2022

Soft Drink Prices To Rise, Jobs At Risk Over FG’s 20% Tax, As Producers Lament

Business·Finance & Economy

New Tax Will Collapse Soft Drinks Sector – Manufacturers

The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria (MAN) has raised the alarm over Federal Government’s proposed 20 per cent ad-valorem excise tax on non-alcoholic beverages. The new policy

Uduegbunam Chukwujama

November 18, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

The black market reports exchange rate stability between the naira and the US dollar on Thursday, while the Nigerian currency appreciated at the official window. Bureau De Change operators at the parallel

Fakoyejo Olalekan

November 18, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·Insights

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

November 18, 2022

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

November 17, 2022

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

November 17, 2022

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

November 16, 2022

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

November 15, 2022

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Finance & Economy - Page 197

Dollar Sells At N780, Flat At Black Market

Money Supply Hits N50.5 trillion On Naira Reissue

27 Ways To End ‘Nigeria’s Poverty Trap’ – IGET Policy Report

New Tax Will Collapse Soft Drinks Sector – Manufacturers

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

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

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