NIPCO PLC, an oil and gas company led by billionaire, Chief Bestman Anekwe is currently entangled in a multi-million-dollar bribery scandal with the disgraced former governor...
The Central Bank of Nigeria said on Thursday it plans to intervene in the country’s foreign exchange market occasionally to boost liquidity, while ending an eight-year...
Dangote Sugar Refinery Plc, Nigeria’s biggest sweetener producer, said actual foreign exchange losses in 2022 were higher than those reported regarding international accounting rules using the...
The Naira remained constant on Thursday, exchanging at N436.50 to the dollar at the Investors and Exporters Window. It remained unchanged from its value on Wednesday....
The Nigerian Naira depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67 on Tuesday. The figure represented a decrease of 0.42 per...
Naira depreciated against the dollar at the Investors and Exporters Window on Tuesday, exchanging at N430. The figure represented a depreciation of 1.00 per cent, compared...
The Naira on Thursday, depreciated at the Investors and Exporters (I&E) window, exchanging at N422.50 to the dollar, a 0.54 per cent depreciation against N420.25 traded...
Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) has urged rice mills in the country to embrace CBN’s backward integration initiatives aimed...
No country can produce all it needs. It would have to import one thing or the other because it cannot have a comparative advantage in everything....
Nigeria’s externals reserve rose by $5.15 billion in 2021 to close at $40.52 billion as of 31st December 2021, representing a 14.5% rise compared to $35.37...
