Category: Economy

Naira rises 4.31% at investors, exporters window

The naira strengthened against the dollar on Friday, trading at N743.07 in the Investor’s and...

Naira drops to N890/$1 in black market as FX crisis worsens

The parallel market sector of the foreign exchange market is currently not favourable for the...

Stock market gains N41bn – Report

By Christian George     The stock market recovered on Wednesday with a N41 billion...

Nigeria loses $167.2m as naira falls to dollar in July

By Christian George     Nigeria’s external reserves witnessed a downward trend as the nation...

Russia to reinvest in Nigeria, others

There are signs that Russia would actively promote the resumption of its foreign direct investments...

Nigerian businesses to face worse economic conditions – PwC

PwC Nigeria’s financial analysts predicted that the effects of the government’s most recent economic changes...

Exchange rate hits N869/$ on I&E Window

The naira-dollar exchange rate hit an intra-day high of N869/$1 at the Investor & Exporter...

FX trade, crude oil price account for 80% of petrol price — IPMAN

The Independent Petroleum Marketers Association of Nigeria have explained that the international price of crude...

FG considers reduction of taxes – Tinubu’s aide

FG working on reducing taxes from 52 to 10— Presidential aide        ...

World stocks mixed as tech stocks crash

A day after major US tech giants’ shares took a hit, the world’s stock markets...

Confusion as official FX rate, black market widens

Nigeria’s official currency rate, which has been edging closer to N100/$ as of last Friday,...

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

In the Investors and Exporters and parallel market windows of the foreign exchange market on Friday, the...