Exchange rate

Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciationExchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation The exchange rate between the naira and the dollar ended…

3 months ago
IMF: We stand by our advice to FG on fuel subsidy, FXIMF: We stand by our advice to FG on fuel subsidy, FX

IMF: We stand by our advice to FG on fuel subsidy, FX

IMF: We stand by our advice to FG on fuel subsidy, FX The International Monetary Fund (IMF) says it stands by…

5 months ago
Nigeria’s economy growing, exchange rate stabilising, says FGNigeria’s economy growing, exchange rate stabilising, says FG

Nigeria’s economy growing, exchange rate stabilising, says FG

Nigeria's economy growing, exchange rate stabilising, says FG The Federal Government has given an update on the state of nation's economy. It…

8 months ago
Adopt quarterly exchange rate for Customs duty, economist advises FGAdopt quarterly exchange rate for Customs duty, economist advises FG

Adopt quarterly exchange rate for Customs duty, economist advises FG

Adopt quarterly exchange rate for Customs duty, economist advises FG The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the…

11 months ago
Exchange rate: EFCC goes after more crypto traders, speculatorsExchange rate: EFCC goes after more crypto traders, speculators

Exchange rate: EFCC goes after more crypto traders, speculators

Exchange rate: EFCC goes after more crypto traders, speculators The Economic and Financial Crimes Commission has instituted a further crackdown…

11 months ago
Forex: Official, black market rates close to parityForex: Official, black market rates close to parity

Forex: Official, black market rates close to parity

Forex: Official, black market rates close to parity The exchange rate for the Naira and the Dollar has almost reached…

1 year ago
Naira gains for third straight day on official market, closes N1,534.9/$1Naira gains for third straight day on official market, closes N1,534.9/$1

Naira gains for third straight day on official market, closes N1,534.9/$1

Naira gains for third straight day on official market, closes N1,534.9/$1 For the third consecutive day, the naira recorded some…

1 year ago
Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1 Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1 

Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1

Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1  The official exchange rate experienced a notable decline of…

1 year ago
Exchange Rate: NERC to increase price of prepaid metersExchange Rate: NERC to increase price of prepaid meters

Exchange Rate: NERC to increase price of prepaid meters

Exchange Rate: NERC to increase price of prepaid meters The Nigerian Electricity Regulatory Commission (NERC) is considering increasing the price…

1 year ago
FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrsFX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs

FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs

FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs The exchange rate for cargo clearance…

1 year ago