The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
Business and Economy
Most viewed
Popular
-
Nigerian Govt to finally open International Airport constructed 40 years ago
-
GAIL Refinery takes shape: New 450,000-barrel plant to disrupt Nigeria’s petroleum landscape
-
Oracle’s Larry Ellison briefly dethrones Elon Musk as world’s richest man
-
Dangote refinery announces new petrol prices after reaching agreement with NUPENG
-
Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
Business and Economy Latest News
FG opens registration for free financial training on investing, forex trading, entrepreneurship
New opportunity for Nigerian youths as the Federal Ministry of Youth Development and Investonaire Academy announce financial training for young people.
Nigeria's foreign exchange market faces volatility despite rising corporate inflows
FX market saw a surge in corporate inflows to $1.2 billion in July, but the naira remains under pressure due to volatility and reliance on short-term capital.
EU gets 15% US tariff for cars, fails to secure wine reprieve
Details of a US-EU trade deal published Thursday showed Brussels secured a tariff reduction for cars exported to the United States but failed to win a reprieve for its cherished wine sector.
Business and Economy
Load moreMoney
Money
Read moreTechnology
Technology
Read moreEnergy
Energy
Read moreEconomy
Economy
Read moreIndustry
Industry
Read moreMaritime
Maritime
Read moreCapital Market
Capital Market
Read more