Finance & Economy - Page 24

Naira-for-Crude sales Commenced October 1 – Nigerian Govt

Naira-For-Crude Initiative Begins As Officials Remain Optimistic

The Nigerian Federal Government announced that it has officially begun selling crude oil and refined petroleum products in naira, an initiative that took effect on October 1, 2024. The move is aimed

Emmanuel Ochayi

3 months ago

Business·Latest News·Oil & Gas

NNPCL Begins Crude Oil Sales In Naira To Dangote, Other Local Refineries

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has announced that the sale of crude oil in naira to Dangote Refinery and other local refiners has officially kicked

Victor Ezeja

3 months ago

Nigerian In Diaspora Laments As Naira Falls By 769% Against Canadian Dollar In 10 Years

Business·Currency·Latest News·Markets

Nigerian Laments As Naira Falls By 769% Against Canadian Dollar In 10 Years

A Canada-based Nigerian, Mr Chinonso Charles, has lamented the steep depreciation of the naira in the foreign exchange market over the years. An analysis of the rate of exchange between naira and

Victor Ezeja

3 months ago

Business·Currency·Latest News

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

3 months ago

Naira Falls To N1,780/$ in Black Market As Gains Reverse

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

3 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

3 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

3 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

3 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

3 months ago

Naira Depreciates To N1,542 Per Dollar At Official Market

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

3 months ago

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Finance & Economy - Page 24

Naira-For-Crude Initiative Begins As Officials Remain Optimistic

NNPCL Begins Crude Oil Sales In Naira To Dangote, Other Local Refineries

Nigerian Laments As Naira Falls By 769% Against Canadian Dollar In 10 Years

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

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