Finance & Economy - Page 86

Naira Rises Against Dollar, Ends Week On Positive Note

Naira Gains Marginally By 1.02% At Official Market

Nigerian currency the Naira, recorded a marginal gain of 1.02 percent against the US dollar as trading closed N891.90 /$ on Friday, 26th January 2024 at the official market.

Victor Ezeja

1 year ago

Naira vs Dollar: What To Expect This Week

Finance & Economy

How Sharp Depreciation Of Naira Spells Economic Doom For Nigeria

Over the last two decades, Nigeria, the giant of Africa, has confronted a number of economic challenges. Our excessive reliance on imported

Admin

1 year ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Concerns about the impact of persistent depreciation of the value of the naira on Nigerian economy have continued to worry stakeholders in different stakeholders.

Victor Ezeja

1 year ago

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·Oil & Gas

Dangote Refinery: ‘Catalyst For Naira Value Enhancement, Economic Growth’

In the pursuit of strengthening the value of the Nigerian Naira, financial experts have advocated a strategic increase in crude oil production in conjunction with the anticipated impact of the Dangote Refinery.

Admin

1 year ago

Business·Currency

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

In a turn of events, the Nigerian Naira witnessed a depreciation, hitting a historic low of N1,410 against the US dollar on Thursday. This 3.29% decline, amounting to N45 weaker than the

Emmanuel Ochayi

1 year ago

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Currency

US Dollar Surges As ECB Keeps Mum On Interest Rates

The US Dollar gains strength following the European Central Bank’s decision to keep interest rates unchanged, leaving traders puzzled amid expectations of a possible cut. The market awaits ECB Chairman Christine Lagarde’s

Emmanuel Ochayi

1 year ago

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business·Finance & Economy

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

In a move, the Central Bank of Nigeria (CBN) has announced a collaboration with the Nigeria National Petroleum Corporation Limited (NNPCL) and the Ministry of Finance to channel all dollar revenues directly

Emmanuel Ochayi

1 year ago

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Business·Oil & Gas

Oil Marketers Seek Tax Relief Amidst Profit Downturn

IPMAN vice president lamented about the dire situation faced by oil marketers, requesting tax relief from the Federal Government to navigate the challenging economic conditions posed by the removal of fuel subsidy.

Victor Ezeja

1 year ago

Why Port Harcourt refinery can’t work this December as promised - Ex-NNPC chief

Business·Oil & Gas

NNPCL Unveils 150 Million Litres Storage Facility, Aviation Arm, As Port Harcourt Refinery Gears Up For Production

NNPCL has announced the completion of a state-of-the-art 150 million litres storage facility at Atlas Cove, ahead of the full-scale operations of the Port Harcourt Refining Company.

Emmanuel Ochayi

1 year ago

Finance & Economy

Why Nigeria’s Economic Growth Will Surge By 3.7% – World Bank

The World Bank's latest report for Nigeria projects a 3.7% surge in its Gross Domestic Product (GDP) for 2025.

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 86

Naira Gains Marginally By 1.02% At Official Market

How Sharp Depreciation Of Naira Spells Economic Doom For Nigeria

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Dangote Refinery: ‘Catalyst For Naira Value Enhancement, Economic Growth’

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

US Dollar Surges As ECB Keeps Mum On Interest Rates

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

Oil Marketers Seek Tax Relief Amidst Profit Downturn

NNPCL Unveils 150 Million Litres Storage Facility, Aviation Arm, As Port Harcourt Refinery Gears Up For Production

Why Nigeria’s Economic Growth Will Surge By 3.7% – World Bank

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