Following the significant imports of PMS by the Nigerian National Petroleum Company Limited, the pump price of Premium Motor Spirit, commonly known as petrol, may
Category: Business
Naira gains value, exchanges for N791 per dollar at parallel market
The Nigerian naira strengthened against the US dollar, finishing at N791.75/$1 in the official market. The naira climbed 5.87 percent, or N49.39, compared to the
Naira slumps at parallel market as Economic Intelligence forecasts it’ill end 2023 at N810/$
This week, the Naira lost 15.79 percent of its value on the parallel market, closing at N1,100/$. This was a 15.79 percent drop from the
Naira slumps at parallel market as Economic Intelligence forecasts it’ill end 2023 at N810/$
This week, the Naira lost 15.79 percent of its value on the parallel market, closing at N1,100/$. This was a 15.79 percent drop from the
CBN breaks silence on Naira scarcity in banks, PoS, others
The Central Bank of Nigeria (CBN) has informed Nigerians that the country has an adequate supply of Naira notes. Isa AbdulMumin, the bank’s Director of
CBN begins ‘cleaning’ forex backlogs
The Central Bank of Nigeria, CBN, reportedly “cleared” the foreign exchange backlogs of airlines and institutions. According to sources with knowledge of the situation who