Tag: Dollar
Inflation in cooking gas, as price rises by 20%
Inflation in cooking gas, as price rises by 20%
NEWS DIGEST - The price of Liquefied Petroleum Gas, popularly known as cooking gas, sold to...
JUST IN: Naira appreciates at N470/$ in parallel market
JUST IN: Naira appreciates at N470/$ in parallel market
NEWS DIGEST - The naira Wednesday morning reversed its two weeks loss to the dollar in...
CBN new rates: Naira crashes to N500/$1
CBN new rates: Naira crashes to N500/$1
NEWS DIGEST - Naira on Monday crashed to N500 to the dollar after the Central Bank of Nigeria...
The Dollar rate affects Nigerian economy
The Nigerian foreign exchange (FX) shortage, is sucking Africa's largest economy dry, even as production retreats towards a second contraction in four years.
GT Bank,...
CBN adjusts official exchange rate to N379 to dollar
CBN adjusts official exchange rate to N379 to dollar
NEWS DIGEST - The Central Bank of Nigeria (CBN) on Saturday adjusted the official exchange rate...
Nigerian Foreign Reserves Increase By $1.2bn in 11 Days
Foreign reserves have risen to $34.65bn, within eleven days, according to a report released by the Central Bank of Nigeria.
According to the CBN report,...
CBN resumes dollar sales for SMEs, school fees
CBN resumes dollar sales for SMEs, school fees
NEWS DIGEST - The Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to...
Dollar steadies as risk-on mood holds ahead of U.S. jobs data
NEWS DIGEST - Upbeat U.S. economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from the greenback...
Dollar reaches 2-week high as investors prepare for Fed meeting
NEWS DIGEST - The U.S. dollar rose to a two-week high on Monday after strong economic data last week led investors to re-assess whether...
Naira strengthens against dollar at parallel market
Naira strengthens against dollar at parallel market
NEWS DIGEST -The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market...