The Nigerian Naira appreciated significantly against the US dollar on Monday, closing at 1,339.33/$ in the official foreign…
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Nigeria Govt Targets Fresh $20bn Oil, Gas Deal
Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri says the Federal Government is set…
Continue ReadingFG raises N4.2 billion from Nigerian savings bonds in April 2024
The latest Federal Government of Nigeria Savings Bonds (FGNSB) have seen a hearty reception among investors,…
Continue ReadingAirtel incurs $1.7 billion in foreign exchange loss over currency devaluation in Nigeria, Malawi
Airtel Africa, Nigeria’s second largest telecoms company has reported significant financial setbacks due to currency devaluations…
Continue ReadingNaira Depreciates To ₦1,365/$ In Parallel Market
The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the…
Continue ReadingCEO of Nigerian exchange Patricia debunks rumors of company’s shutdown
Fejiro Hanu, CEO of Nigerian crypto exchange platform Patricia, recently took to his X account to refute rumors…
Continue ReadingShareholders approve NGX’s proposed N10 billion capital raise
Shareholders of Nigerian Exchange Group (NGX) Plc have given their approval for the group’s initiative to…
Continue ReadingEXCLUSIVE: Why Naira depreciated by 23% in 4 days — Currency dealers, analysts
A surge in demand for dollars in the parallel market driven by banks and end-users combined…
Continue ReadingFederal Govt Launches Oil & Gas Fiscal Incentives, Targets $10bn Investment
In a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy,…
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