Naira, the Poultry Association of Nigeria (PAN) has expressed serious concern about the impending collapse of the country's N12 trillion poultry industry. This dire situation is primarily attributed to the ...
Recent developments have improved the outlook for the Nigerian naira, raising the possibility of it trading below the N1000/$ mark in the black market. These developments include reports of the ...
The Nigerian naira has demonstrated notable strength against the U.S. dollar on November 1, 2023, by closing at N786.02 per US dollar at the official market. This marks a significant ...
The Nigerian naira has once again shown resilience by surpassing a critical resistance level on the black market, reaching a rate of N1,170 against the US dollar. However, this achievement ...
The Nigerian naira has shown resilience in the foreign exchange market, strengthening to N815 per US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This development comes just 24 ...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government to introduce new foreign exchange ...
A significant decline in cargo imports, amounting to 65 percent, has been attributed to the ongoing instability of the naira against the dollar during the third and fourth quarters of ...
The Chair of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that the federal government aims to achieve a dollar exchange rate of N750 per ...
In a surprising turn of events, the Nigerian Naira made significant gains against the US Dollar, trading at an impressive N1113/$ in the P2P market. This sudden surge in the ...
The naira yesterday appreciated to N1,300 per dollar in the parallel market from N1,305 per dollar on Wednesday. However , the naira depreciated in the Nigerian Foreign Exchange Market (NAFEM) ...
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