Foreign inflow: NGX recorded a continued drop that extended to April – Report
NIGERIA, May 29 – The Nigerian Exchange Limited (NGX) has reported drop in the value of foreign inflow by 19.14 % for month-on...
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Manufacturers to hike general price of commodities as Naira fall continued
NIGERIA, Jan. 29 – Nigeria Manufacturers have foretold fresh hikes in the prices of commodities in the market as the consequen...
Forex: Naira falls on official I&E window to N1089/$
NIGERIA, Jan. 10 – The Naira fell on the official Investor and Exporter window to N1089.51/$ on Tuesday. The currency dropped&...
Naira drops further to 1,233/dollar at parallel market
NIGERIA, Dec 26 – The Naira struggles for survival as pressure intensify on the currency of Africa’s biggest economy. The na...
Naira gains after three weeks as it appreciates against the U.S dollar
NIGERIA, Oct. 26 – The Naira for the first time after three weeks appreciates on Wednesday against the U.S dollar on the unoff...
Naira sustain its falls, exchanges above 1,100 to the U.S Dollar
NIGERIA, Oct. 23 – The naira has sustained its slump further as the U.S dollar scarcity bites harder at the parallel market i...
Niaragram prepares to tackle Forex liquidity crisis in Nigeria
NIGERIA, Oct. 10 – Nairagram, an International Money Transfer Operator licensed to operate in Nigeria, has said it is partneri...
Forex Demand: Discontinuation of spirits’ import will reduce the pressure – Guinness Nigeria
NIGERIA, Oct. 6 – Reducing pressure on forex will boos Nigeria’s economy. Guinness Nigeria Plc has said that with its di...
Economy: World Bank warns CBN against controlling Forex, direct lending, subsidy program
AFRICA, Oct. 5 – The World Bank on Wednesday advised the Central Banks of Nigeria, Ethiopia, and Uganda to refrain from unconv...
Nigerian Government, banks make N2.2tn, manufacturers lose N495bn on devaluation
NIGERIA, Oct. 2 – Governments of Nigeria at the three tiers, federal, state, and local levels, and banks, gained about N2.21tn...