Varsity Don Urges Export Promotion To Save Naira – Leadership News

By Abdullahi Olesin A financial management expert and lecturer of Banking and Finance at the University of Abuja, Dr Adelodun Sadraq, has said that Nigeria can only shore up…

Naira depreciates to N1,572/$ in parallel market – Vanguard News

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,572 per dollar in the parallel market from N1,570 per dollar on Wednesday. Similarly, the Naira appreciated to N1,566.82 per…

CBN says rise in crude oil exports will strengthen the naira – Business Day News

By Wasiu Alli The Central Bank of Nigeria (CBN) has said an improvement in domestic production of crude oil and its exports will raise the value of the…

FMDQ says secondary market turnover down by 31.82% to N28.43trn – Business Day News

By Iheanyi Nwachukwu FMDQ Securities Exchange has released its financial markets monthly report for June 2024 which shows that the total secondary market turnover on FMDQ Exchange was N28.43trillion….

Equities Market Snaps Winning Streak, Loses N24bn – Leadership News

By Olushola Bello The domestic equities market yesterday snapped its three-day winning streak as the overall capitalisation shed N24 billion on selloff in MTN Nigeria Communications (MTNN) Plc and…

Again, Dangote Refinery Accuses IOCs Of Frustrating Operations – Channels News

By Ignatius Igwe The Management of Dangote Industries Limited has again accused International Oil Companies (IOCs) of frustrating its refinery operations. According to a statement on Wednesday, the company…

N’Assembly mulls stricter laws to tackle crude oil theft – Punch News

By Gilbert Ekugbe The National Assembly has thrown its weight behind the Nigerian National Petroleum Corporation Limited’s ongoing efforts to boost crude oil production and grow its reserves, saying…

Lagos tackles high food prices – The Nation News

By Daniel Essiet Lagos State is implementing measures to address the issue of rising food inflation, focusing on the increasing prices of garri, maize, and other staples. Prices of food…

Banks to pay tax on forex business gains – The Nation News

By Sanni Onogu, Abuja and Nicholas Kalu, Abuja President seeks addition of N6.2tr to 2024 Budget The National Assembly yesterday passed for second reading an Executive Bill seeking to tax the windfall made…

Nigeria’s forex inflows surge 57% as naira shows stability – Business Day News

By Hope Moses-Ashike …Inflows via CBN up 127.97% in one month …FX turnover rises by 180.47% in one year Foreign exchange (FX) inflows into the Nigerian economy jumped by…