Naira gains against dollar at official forex market
At the official foreign exchange market this week, the naira saw its first increase versus the US dollar. According to FMDQ data, the value of a dollar increased from N1,419.11
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At the official foreign exchange market this week, the naira saw its first increase versus the US dollar. According to FMDQ data, the value of a dollar increased from N1,419.11
Read MoreFollowing the latest limitation by the Central Bank of Nigeria, Opay, a financial technology bank in Nigeria, announced that it has closed non-compliant accounts. Nairametric claims that Opay made this
Read MoreAt the official foreign exchange market, the value of the naira decreased by N79.88 relative to the US dollar. The naira closed at N1,419.11 per US dollar on Monday, down
Read MoreAccording to the Association of Rice Millers, the countrywide drop in rice prices is caused by the reopening of the Nigeria-Nigeria border. This was revealed in a statement by Jonathan
Read MoreElon Musk, the CEO of Tesla, was informed by Chinese Premier Li Qiang that foreign-funded businesses are welcome to enter the Chinese market. Following an unexpected encounter with Musk, who
Read MoreAccording to the Central Bank of Nigeria, every effort is being made to combat rising inflation in the country. This was revealed on Friday during the bank’s second talk podcast
Read MoreIn an effort to address the recent devaluation of the Naira, the Association of Bureaux De Change Operators of Nigeria has disclosed plans for a unified retail end of the
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
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