The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has blamed the dwindling level of Foreign Portfolio Investments in the country on scarcity of foreign exchange. Based on data ...
At the backdrop of the imminent assumption of office, the World Bank Group, WBG, has given a long list of challenges that need to addressed in the immediate term by ...
Opening the week, yesterday, investors' profit-taking in Airtel Africa Plc continued to dominate the Nigerian stock market as the overall capitalisation declined by N569 billion. The N569 billion decline in ...
1. IMF retains Nigeria’s 3.2% economic growth projection The International Monetary Fund has retained Nigeria’s 3.2 per cent economic growth projection for 2023 in its recent world economic outlook update.. ...
Partner and Chief Economist at KPMG Nigeria, Dr Yemi Kale, has said that boosting crude oil exports may increase the inflow of Foreign Capital Importation into Nigeria. The former statistician-general ...
On Friday, April 7, the Naira strengthened against the US dollar in the Peer-to-Peer (P2P), black market, and Investors and Exporters (I&E) segments of the foreign exchange market. In the ...
According to an Entrepreneurng report, the Nigerian-American Chamber of Commerce held its second Export to the U.S. Series breakfast meeting in Lagos, and attendees emphasized the need for the government ...
In the first three months of 2023, the Nigeria Customs Service's Ogun 1 Area Command reported seizing 21 trailer loads of foreign parboiled rice. Also, the customs claimed to have ...
The naira lost 10.2 per cent of its value in 2022, according to the World Bank. This came as rising food and fuel prices were responsible for high inflation in ...
The Naira closed at N463.75/$1 in the Investors and Exporters (I&E) window of the foreign exchange window on Friday, April 7, down 45 Kobo or 0.1 percent from the previous ...
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