Dollar-Naira rate Archives

100% cashless economy possible in Nigeria - Emefiele

CBN vows to curb further naira devaluation

The Central Bank of Nigeria has reiterated its commitment to preventing a further devaluation of the Nigerian naira in the foreign exchange market. This was disclosed by the Director of Corporate Communications, CBN, Mr Osita Nwanisobi, in a statement on Friday, according to The PUNCH. The apex bank advised Nigerians to resist the urge of […]

agencyreport
30th July 2022
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Naira falls N777 against dollar after CBN announcement

Energy

Operators blame weak naira, others for energy crisis

Oil and gas operators have identified the devaluation of the naira, amongst other challenges, as the cause of Nigeria’s energy crisis. The PUNCH quoted the operators as saying that these concerns have prevented investors from investing in Nigeria. The operators made this known at the ongoing 2022 Nigeria Oil and Gas conference in Abuja. According […]

agencyreport
7th July 2022
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Economy

Dollar may hit N700 by Q4 2022 – BDC

Major players in the Bureau de Change market have lamented the rise in the dollar, saying the foreign currency price could get to N700 before the end of the year. According to The Punch, the pressure on the foreign exchange market continued on Tuesday, with the dollar exchanging at N615 at the parallel market in […]

sadeniyipdnlimited-com
29th June 2022
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UK sets £40bn target for education exports by

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Nestlé ‘recovers all plastic’ placed on Nigerian market

Tinubu approves commercial oil exploration at Tongeji Island,

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Tag: Dollar-Naira rate

CBN vows to curb further naira devaluation

Operators blame weak naira, others for energy crisis

Dollar may hit N700 by Q4 2022 – BDC

Dangote Refinery exemplifies Africa’s shift to fuel exporter.

TikTok escapes US ban through majority American-owned JV.

FG bans payment for installing electricity meters, threatens.

N-HYPPADEC begins construction of 26 solar-powered boreholes in.

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