NGX: Bulls maintain grip as investors gain N1.14trn The Nigerian equities market at midweek sustained its bullish sentiment as investors …
Tag:
Naira
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FeaturedNews
FG warns Ogun monarch, says Naira abuse attracts imprisonment
by Daudu Johnby Daudu JohnFG warns Ogun monarch, says Naira abuse attracts imprisonment The Federal Government, through the National Orientation Agency, has issued a strict …
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NGX resumes week positively with 1.92% gain Equities trading on the Nigerian Exchange Limited kickstarted the week in a positive territory as …
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BankingEconomy
Naira plunges to 1082/$ despite CBN’s $2bn debt repayment
by Daudu Johnby Daudu JohnNaira plunges to 1082/$ despite CBN’s $2bn debt repayment The naira has lost 26.36 per cent of its value against …
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‘Nigeria Borrows $1.7bn to Boost FX Inflows’ Nigeria got $1.71bn in foreign loans to boost foreign exchange inflow into the country in …
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The naira has rebounded by 20.8 per cent to 720/dollar at the parallel market. The development came two weeks after the local …
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BankingEconomic
Finance minister counters CBN, says policy will further devalue currency
by Salami Azeezby Salami AzeezThe plans of the Central Bank of Nigeria, CBN, to redesign the Naira commencing on December 15, 2022, have been disavowed by …
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Nigeria’s local currency is expected to decline even further during the course of the following year as its current exchange rate to …
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BankingBusiness
Naira appreciates and trades at 436.33 to the dollar
by Salami Azeezby Salami AzeezThe naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k. The rate …
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The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days.The local …