The Federal Government has announced the conditional lifting of the ban on charcoal and processed wood export in a bid to revamp businesses and increase the country’s foreign exchange earnings. ...
On Saturday, February 25th, 2023, the black market exchange rate between the naira and the US dollar increased to an average of N760/$1. This represents a 0.65% increase over the ...
According to findings, it was seen that With utmost effect from March 1, 2023, the Federal Government has mandated the complete implementation of a new visa reciprocity policy for citizens ...
Gains recorded by MRS, MCNichols and others lifted the stock market by N180bn at the close of trading on the floor of the Nigerian equity market on Thursday. This bullish ...
The Federal Government is reviving shut-in crude oil wells in a bid to produce about 2.1 million barrels of oil daily, with an estimated worth of N2.4tn monthly, from various ...
On Tuesday, February 21, 2022, an off-market trade of 125.01 million Geregu Power Plc shares worth N12.5 billion was completed. According to Nairametrics' off-trade report, the transaction was negotiated between ...
Today, the Naira strengthened against the US dollar in the parallel market, the Peer-2-Peer (P2P), and the Investors and Exporters (I&E) windows of the foreign exchange (FX) market, influenced by ...
Despite the widespread adoption of cashless policy payment systems in various sectors of the economy, the Nigerian Railway Corporation (NRC) has insisted on money payments for its exchange, most especially ...
On Friday, February 17, the local currency fell against the US dollar in the Investors and Exporters (I&E), black market, and Peer-to-Peer (P2P) segments of the foreign exchange (FX) market. ...
Fitch Ratings, a global rating agency, has said that the demonetisation drive by the Central Bank of Nigeria will likely be disruptive soon with a cash shortage that may affect ...
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