Nairametrics - Business news, Economy, Investing, and Financial …
WEBNM Industry Outlook - Beyond Connectivity: Telcos and the Future of Financial Inclusion in Nigeria. Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
Naira builds strength at official market - Nairametrics
WEB3 days ago · The dollar index drifted sideways as the naira showed some strength at the official market on Wednesday, providing relief to the naira and the Nigerian capital market after a sharp decline in the last quarter. The naira gained ground against the haven currency on Tuesday, trading at the official foreign exchange market on October 8, 2024, at ...
Naira expected to stabilize against the dollar in the fourth quarter …
WEB4 days ago · The report emphasizes that the commencement of operations at the Dangote Refinery will play a crucial role in easing forex pressures. With petroleum products accounting for 30-40% of Nigeria’s import bills, the refinery’s full-scale operations are expected to substantially reduce these import costs, thus …
Naira rises 1.69% in I&E Window as global crude prices approach …
WEBOct 5, 2024 · in Currencies, Markets. On October 4, 2024, the naira gained against the U.S. dollar, closing at N1,631.21 in the official Investor and Exporter (I&E) window, as global crude oil prices eye $80 per barrel. This marked a modest 1.69% appreciation compared to the previous day’s exchange rate of N1,659.26, despite a sharp decrease in market ...
Markets Archives - Nairametrics
WEBNaira edges up against the Dollar, closes at N1,659.26 in I&E window. by Izuchukwu Okoye. October 4, 2024. 0. The naira appreciated slightly against the U.S. dollar on October 3, 2024, closing at N1,659.26 in the official Investor and... Read more. Currencies.
Nairametrics Newsletters
WEBCorporate News Round. This newsletter is a weekly roundup of major updates, announcements, product launches from corporate Nigeria. Written with brevity and corporate wittiness, the newsletter is a must read for any top executive keen on tracking latest business moves and innovation from competition. Select.
CBN adopts NAFEX rate on its website - Nairametrics
WEBMay 25, 2021 · The Central Bank of Nigeria has adopted the NAFEX/I&E Window exchange rate on its website ditching a multi-decade use of government-determined exchange rate. The CBN reported an official exchange rate of N410.25/$1and referenced it as “NAFEX Exch, Rate (USD) as at Monday, May 24, 2021” on its website. READ: CBN Governor confirms exchange ...
Naira ends September at lowest exchange rate in seven months at ...
WEBOct 1, 2024 · In the parallel market, however, the Naira hit its lowest point in seven months, closing September at N1,700/$—the weakest level since February 2024. At the start of September, the official exchange rate on the NAFEM window was N1,585/$, indicating a 2.77% appreciation by the end of the month. Nairalytics …
Nairametrics
WEBNairametrics Apps. Treasury Bill Calculator. Tax Calculator
We are expecting $50 billion investment boost in Nigeria oil sector ...
WEB2 days ago · in Energy, Sectors. The Minister of Petroleum (Oil), Heineken Lokpobiri, has said the country is expecting an impressive sum of $50 billion in investment in the oil sector. Lokpobiri made this disclosure in a statement on Wednesday during an interactive session with members of the Nigerian Guild of Editors. The Minister stated that the country ...
- Some results have been removed