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News

Foreign Investor, Associates To Pump In Multi-Billion Dollar Investment Into Nigeria

May 27, 2025 td

BY EMMANUEL KEHINDE, ILORIN Chairman, Allen Le & Partners, International Investment Consulting Joint Stock Company, Hanoi City, Vietnam, Mr. Allen Le Nam, has said that […]

Business

Naira Slides By 4.6% Against Dollar At Official Market

May 8, 2024 editor

The naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, […]

Business

Naira Depreciates To N1,230/$ At Parallel Market

April 20, 2024 editor

The naira reversed the appreciation trend at the parallel section of the foreign exchange market on Friday. The local currency depreciated by 17.14 percent to […]

Business

CBN Limits Dollar Purchase From BDCs

February 27, 2024 editor

…$10k for school fees, $5k for medical bills The Central Bank of Nigeria (CBN) has placed limits on the foreign exchange (FX) sales by Bureau […]

Business

Economic Hardship: CPPE Asks CBN To Peg Customs Duty At N1000 Per Dollar

February 25, 2024 editor

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to peg the customs duty exchange rate at […]

Business

Naira Trades N1,730/$ At Parallel Market

February 19, 2024 editor

The parallel section of the foreign exchange market recorded a new all-time low on Monday after the naira depreciated to N1,730 per dollar. The naira […]

Business

IPMAN: Marketers Will Be Paying In Naira For Dangote Fuel

January 23, 2024 editor

Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in […]

Business

Naira Now N1,120/$ At Parallel Market

November 8, 2023 editor

The naira has commenced a downward spiral, falling to N1,120 per dollar at the parallel market on Tuesday. The figure represents a N95 or 9.27 […]

Across the world

BRICS Member India Ditches US Dollar, Purchases 1,000,000,000 Barrels of Oil With Rupees for First Time Ever

August 27, 2023 editor

BRICS member India has reportedly purchased oil from the United Arab Emirates using its national currency for the first time ever. In July, reports surfaced […]

Business

Naira Loses Value Against Dollar At Investors, Exporters Window

August 8, 2023 editor

The naira on Monday depreciated against the dollar, exchanging at N774.78 at the investors and exporters window. The naira lost by 4.27 per cent when […]

Posts pagination

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