Many residents of the Federal Capital Territory (FCT), on Sunday decried the continuous increase in the price of cooking gas. According to them, cooking gas has gone beyond the reach of the common man. The News Agency of Nigeria (NAN) reports that the latest Cooking Gas Price report...
Naira
Naira continued its rebound against the dollar on Friday, Nov. 3, strengthening to N950/$ on the average in the parallel market. At noon on Friday, on a popular crypto exchange platform, Binance, the local currency was traded against the dollar at N864.19/$1 compared with Thursday’s closing rate of...
Nigerians have been told when the ailing naira may bounce back to reduce hyper inflation and pains on the citizenry. The indication was revealed at the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP) by a professor of capital market, Uche Uwaleke. ...
Th General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has declared that the “glorious days” when the Nigerian currency, naira was more valuable than its American equivalent, dollar will soon return. Adeboye made the statement on Sunday during a preaching titled ‘Uncommon Miracles’...
An economist, Prof. Akpan Ekpo, has urged the Central Bank of Nigeria (CBN) to take seriously the currency swap agreement with Peoples Bank of China (PBoC) to reduce reliance on dollars for trade. Ekpo, a former Director-General of West African Institute for Financial and Economic Management (WAIFEM), gave...
The naira depreciated against the dollar on Tuesday as it exchanged at N775.34 at the Investors and Exporters window. The naira lost by 0.42 per cent compared to the N772.12 it exchanged for the dollar on Monday. The open indicative rate closed at N769.66 to the dollar...
An economic expert, Dr Chijioke Ekechukwu has lauded the emergency three billion dollars crude oil repayment loan secured by the National Petroleum Company Ltd. (NNPC Ltd) from Afreximbank to stabilise exchange rate. Ekechukwu said this in an interview with the News Agency of Nigeria (NAN) on Sunday in...
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the funding from the AFRIEXIM bank headquarters in Cairo. “The NNPC Ltd. and AfriEXIM bank have jointly signed a commitment letter and Termsheet...
Naira depreciated against the dollar on Wednesday as it exchanged at N782.38 at the Investors and Exporters window. It lost by 3.38 per cent when compared with N757.51 for which it exchanged for the dollar on Tuesday. The open indicative rate closed at N778.49 to the dollar...
The Naira on Friday appreciated against the dollar, exchanging at N743.07 at the Investors and Exporters window. The Naira gained by 4.31 per cent when compared with N776.50 for which it exchanged for the dollar on Thursday. The open indicative rate closed at N782.28 to the dollar...
The Naira on Thursday appreciated against the dollar, exchanging at N768.16 at the Investors and Exporters window. The Naira gained by 3.22 per cent when compared with N793.70 for which it exchanged for the dollar on Wednesday. The open indicative rate closed at N787.13 to the dollar...
The Naira on Monday appreciated against the dollar, exchanging at N795.28 at the investors and exporters window. The Naira increased by 1.07 per cent when compared with N803.90 which it exchanged to the dollar on July 14. The open indicative rate closed at N782.79 to one dollar on Monday....
The Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. The Naira decreased by 7.72 per cent when compared with N746.28 for which it exchanged for the dollar on Thursday. The open indicative rate closed at N763.36 to one dollar on Friday....
The Naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors and exporters window. The Naira gained by 3.61 per cent when compared with N769.25 for which it exchanged for the dollar at the close of business on June 30. The open indicative rate closed at...
The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window.naira The Naira depreciated by 0.82 per cent when compared with N763 for which it exchanged for the dollar before the Eid-el-Kabir holiday that began on June 28. The open indicative rate...
The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13.na It depreciated by 0.26 per cent when compared with the N763.17 for which it exchanged for the dollar on Wednesday. Open indicative rate closed at N753.50 to the dollar on Thursday....
The Naira on Wednesday depreciated against the dollar at the investors and exporters window, exchanging at N763.17.naira The Naira depreciated by 0.87 per cent when compared with N756.61 for which it exchanged for the dollar on Tuesday. The open indicative rate closed at N741.21 to the dollar on Wednesday....
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging N770.38 to the dollar. The local currency showed a 16.19 per cent decrease when compared with N663.04 it exchanged to the dollar at the close of business on June 16. The open indicative rate...
Naira remained constant on Tuesday, exchanging at N464.67 to the dollar at the Investors and Exporters’ window. The local currency did not change from its value on Monday, while the open indicative rate closed at N464.96 to the dollar on Tuesday. An exchange rate of N467 to the dollar...
The Naira appreciated against the dollar on Tuesday, exchanging for N464.50 at the Investors’ and Exporters’ window compared with the N464.51 to the dollar at the close of business on May 26. The open indicative rate closed at N464.10 to the dollar on Tuesday. An exchange rate of N467...