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Economy

Latest Economy News

Confusion as official FX rate, black market widens

Nigeria's official currency rate, which has been edging closer to N100/$ as

Bisola David Bisola David

Naira falls at official, black markets, increases at parallel market

In the Investors and Exporters and parallel market windows of the foreign exchange market

Bisola David Bisola David

FG’s revenue rose N321bn after exchange rate unification – FAAC

A recent communiqué from the Federation Account Allocation Committee has revealed that the unification

Bisola David Bisola David

Naira crashes to N888/$1 on Binance

The naira/dollar exchange rate has fallen to N888/$1 on the cryptocurrency market, Binance.

Bisola David Bisola David

Naira crashes to N888/$1 on Binance

The naira/dollar exchange rate has fallen to N888/$1 on the cryptocurrency market, Binance.

Bisola David Bisola David

Naira strengthens trades at 793.70/dollar

The naira strengthened against the US dollar by closing at N793.70/$ on

Bisola David Bisola David

Exchange rate hits N860/$1 on black market

The naira-to-dollar conversion rate on the black market has been listed as

Bisola David Bisola David

Inflation rate hits 22.79% in June – NBS

The National Bureau of Statistics on Monday disclosed that Nigeria’s inflation rate

Alade Abayomi ADeleke Alade Abayomi ADeleke

Naira drops to N820/$ as FX supply shortfall continues

The naira struck a new low over the weekend, trading at N822/$

Bisola David Bisola David

Equity market drops by N257bn as First Bank, others record losses

The market capitalization of the local exchange ended last week at N34.069

Bisola David Bisola David

Exchange rate drops N803 per dollar at I&E window

On Friday, July 15, 2023, the exchange rate between the dollar and

Bisola David Bisola David

Naira slumps N788 against dollar in I&E window

On the I&E window during trade on Tuesday, July 11, 2023, the

Bisola David Bisola David
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