The net finance costs for major consumer goods companies listed on the Nigerian Exchange Group (NGX) skyrocketed by 1,345% in the first quarter of 2024 compared to the same period ...
The naira-dollar exchange rate hit a six-week low on Monday, closing at N1,490.2/$1, just N10 short of N1,500/$1. This decline, reported by the FMDQ, marks the lowest point since May ...
In 2024, Nigeria is expected to see 300 millionaires emigrate to other countries, according to a migration report by Henley & Partners. The report highlights that approximately 128,000 millionaires globally ...
The Federal High Court has absolved Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla from the FIRS tax evasion case involving Binance, a cryptocurrency exchange platform. In a concise ruling, ...
The devaluation of the Naira has positively impacted the exportation of local Nigerian products to neighbouring West African countries. Comptroller Timi Bomodi, the Customs Area Controller of the Seme Command, ...
The exchange rate between the naira and the US dollar fell to N1,484.75 on Thursday, May 30, 2024, marking the second consecutive decline. This follows a brief appreciation period earlier ...
The naira has seen significant appreciation in the official market, driven by the Central Bank of Nigeria's (CBN) interventions and the anticipation of a $1.3 billion non-deliverable forward (NDF) maturing ...
The official exchange rate between the naira and the dollar in the NAFEM Window dropped significantly to N1,533.99/$1 on Thursday, May 16, 2024. This represents a sharp 4.89% decline from ...
The Nigerian Exchange (NGX) witnessed its second consecutive day of bearish trends, with the All-Share Index dropping by 0.77%. Closing at 97,473.98 points, this marks the index's lowest level since ...
According to data from the NCS exchange rate portal, the exchange rate used by the Nigerian Customs Service (NCS) to collect import duties has surged to N1457/$, marking the highest ...
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