Finance & Economy - Page 56

Obi To Nigerian Govt: Tell Us Age, Cost Of New Presidential Jet

Obi Decries Nigeria’s Mounting Debt, Says It’s ‘Unproductive’

Mr Peter Obi, has expressed concerns about Nigeria’s heavy debt burden accumulated over the years which has now reached N97 trillion.

Victor Ezeja

8 months ago

Business·Finance & Economy·Latest News·Markets

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

The Central Bank of Nigeria (CBN) has announced an inflow of over $1.5 billion into the economy, signaling positive outcomes from its monetary policy efforts. Mrs. Sidi Ali, the acting Director of

Emmanuel Ochayi

8 months ago

Business·Currency·Latest News

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Naira on Wednesday, 27 March 2024 recorded further gains as the exchange rate against dollar dropped to N1,300/$1 at the official market.

Victor Ezeja

8 months ago

Fuel Scarcity: NNPC Warns Against Panic Buying, Reassures Sufficient Supply

Business·Latest News·Oil & Gas

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL), to reduce the pump price of petroleum products such as Premium Motor Spirit (PMS) also known as petrol and diesel.

Victor Ezeja

8 months ago

Business·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

Victor Ezeja

8 months ago

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

Business·Currency·Latest News

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Bureau De Change operators have debunked a report that has gone viral which claims that one dollar now sells at N1,000 at parallel market.

Victor Ezeja

8 months ago

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

Business·Currency

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

Victor Ezeja

8 months ago

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy

Inflation: CBN Raises MPR Again To 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), the benchmark interest rate to 24.75 per cent, from the previous 22.75 per cent.

Victor Ezeja

8 months ago

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·Latest News

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

In its bid to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has announced second tranche of dollar sales to eligible Bureau de Change (BDC) operators at

Victor Ezeja

8 months ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

Nigeria’s currency, the naira, that has been depreciating in value for months in the foreign exchange market, ended this week on a positive note at rate of N1,431.49 against one US Dollar

Victor Ezeja

8 months ago

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Finance & Economy - Page 56

Obi Decries Nigeria’s Mounting Debt, Says It’s ‘Unproductive’

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Inflation: CBN Raises MPR Again To 24.75%

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

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