ADVERTISEMENT ADVERTISEMENT As of Thursday, November 28, 2024, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos Parallel Market (Black Market)...
ADVERTISEMENT ADVERTISEMENT The Major Energies Marketers Association of Nigeria, MEMAN, has elaborated on the various factors that affect petrol pricing in Nigeria. MEMAN noted that key...
ADVERTISEMENT ADVERTISEMENT Black Market Dollar To Naira Exchange Rate Today 27th November 2024 Can Be Accessed Below. The official naira black market exchange rate in Nigeria...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System, mandating a minimum...
ADVERTISEMENT ADVERTISEMENT Experts have called on the Central Bank of Nigeria (CBN) to halt its consistent interest rate hikes, citing the adverse effects on small businesses...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria, CBN has increased interest rate to 27%. This followed the meeting of the Monetary Policy Committee (MPC) of the...
ADVERTISEMENT ADVERTISEMENT By Francesca Hangeior The Monetary Policy Committee of the Central Bank of Nigeria has raised the country’s interest rate by 25 basis points to...
ADVERTISEMENT ADVERTISEMENT The Naira on Monday depreciated to N1,770 per dollar in the parallel market from N1,750 per dollar last weekend. Similarly, the Naira depreciated to...
ADVERTISEMENT ADVERTISEMENT The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing exchange rate differentials on Premium...
ADVERTISEMENT ADVERTISEMENT The naira crashed against the dollar at both official and parallel foreign exchange markets to begin the week on a negative note. FMDQ data...
ADVERTISEMENT ADVERTISEMENT Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in real terms in 3rd quarter (Q3) of 2024 on a year-on-year basis. This is according...
ADVERTISEMENT ADVERTISEMENT The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed the Federal Government of Nigeria’s commitment to supporting the NNPC...
ADVERTISEMENT ADVERTISEMENT The Federal Government spent $3.58 billion servicing its foreign debt in the first nine months of 2024, representing a 39.77 per cent increase from...
ADVERTISEMENT ADVERTISEMENT Nigeria’s oil importation dropped to $2.79bn from $4.31bn in Q2 of 2024. This amounts to $1.52bn decline or a 35 per cent decline. This...
ADVERTISEMENT ADVERTISEMENT The Naira depreciated against the dollar on Friday at the foreign exchange market to end the week on a negative note. FMDQ data showed...
ADVERTISEMENT ADVERTISEMENT The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more...
ADVERTISEMENT ADVERTISEMENT The Nigerian government has approved a N75 billion loan scheme with a nine per cent interest rate for 75,000 Micro, Small, and Medium Enterprises,...
ADVERTISEMENT ADVERTISEMENT Naira appreciated to N1,725 per dollar in the parallel market from N1,735 per dollar last week Friday. But the Naira depreciated to N1,676.9 per...
ADVERTISEMENT ADVERTISEMENT WHEN we look at this month, USD was traded at ₦1740 at the beginning of this November on Friday, November 1, 2024. As at...
ADVERTISEMENT ADVERTISEMENT Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award...