Zingtie

Jonathan Nwokpor
July 17, 2024
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Naira slumps massively against dollar at black market

For the first time this week, the naira saw appreciation on Tuesday. According to FMDQ statistics, on Tuesday, the naira appreciated little against the dollar in the forex market, trading

Business

Naira defies protests, records significant appreciation against dollar

Jonathan Nwokpor
May 9, 2024
1 Comments

Naira devaluation: Airtel records $549m foreign exchange losses

For its entire year ending in March 2024, Airtel Africa Plc reported a $89 million loss after taxes. This was attributed to a $549 million foreign exchange loss brought on

Business

Jonathan Nwokpor
March 25, 2024
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FX crisis: CBN orders BDCs on how much to sell dollar

At an exchange rate of N1,251 per US dollar, the Central Bank of Nigeria, CBN, has given Bureau De Change, BDC, operators $10,000. The CBN Director of Trade and Exchange