Naira falls seventh times against Dollar in days at Foreign Market
The Naira has dropped seven times in the last several days at the foreign exchange compared to the US dollar. According to FMDQ data, the Naira fell against the dollar
Read MoreThe Naira has dropped seven times in the last several days at the foreign exchange compared to the US dollar. According to FMDQ data, the Naira fell against the dollar
Read MoreAminu Gwadabe, the president of the Association of Bureau De Change Operators of Nigeria, or ABCON, has stated that the BDCs and the Central Bank of Nigeria, or CBN, are
Read MoreAccording to oil marketers, Premium Motor Spirit—also known as fuel—will soon be available at the Port Harcourt Refinery for less than N500 a litre. Chief Ukadike Chinedu, National Public Relations
Read MoreThe foreign exchange market saw a N81.34 depreciation of the naira against the US dollar in a single day. The naira fell to N1,154.08 per dollar on Thursday from N1,072.74
Read MoreOlayemi Cardoso, the governor of the Central Bank of Nigeria, reports that Nigeria’s foreign reserves have increased by $600 million. As a result, in the upcoming days, the Naira would
Read MoreThe price of diesel has been confirmed to drop from N1200 to N1,000 per litre by Dangote Petroleum Refinery. The refinery said in a statement that it supplied diesel at
Read MoreThe Nigerian government has decided to sell crude oil to Dangote and local refineries to strengthen the Naira. Gbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory Commission, revealed
Read MoreAccording to Finance Minister Wale Edun, Nigerians save in US dollars because they no longer trust the Naira. He pointed out that the recent increase in the value of the
Read MoreThe national grid collapsed on Monday due to a fire incident, according to the Transmission Company of Nigeria, or TCN. This was revealed in a statement by Ndidi Mbah, General
Read MoreThe Federal Competition and Consumer Protection Commission, FCCPC, encourages Nigerians to report arbitrary price increases, emphasising its commitment to taking action against businesses involved in price fixing. The FCCPC released
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