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Currency in circulation falls first time in five months
The total amount of currency-in-circulation in the country dropped from N2.6tn (N2,603,266m) as of the end of June 2023 to ...Naira gains at official market, trades 740.67/$
The naira strengthened to the dollar on Thursday after closing at 740.67/$ on the Investor & Exporter forex window. The ...Nigeria earns $742bn oil revenue in 21 years – NEITI
Nigeria earned $741.5bn and N635.3bn from the oil/gas and solid minerals sectors respectively, between 1999 and 2020, a period of ...Naira rebounds, trades 850/dollar at parallel market
The naira rebounded against the United States dollar at the parallel market on Wednesday, closing at 850/dollar. This came about ...Forex crisis: NNPCL secures $3bn loan to stabilise naira
The Nigerian National Petroleum Corporation Limited has secured a $3 billion crude repayment loan to support the naira and stabilise ...No plans to reintroduce fuel subsidy, says presidential aide
The Senior Special Assistant to the President on Media and Publicity, Tope Ajayi, on Tuesday said there were no plans ...EFCC goes after dollar speculators, CBN slashes banks allocations
Deposit Money Banks are battling dollar shortage after the Central Bank of Nigeria slashed their foreign exchange allocations. Multiple bank ...Despite forex loss, Nigerian Breweries records improved net sales revenue
Net foreign exchange loss of N70.6 billion in the second quarter (Q2) created a net loss of almost N37 billion ...Aviation Security, Logistics Employees Embark On Immediate Strike Over N30,000 Pay
The National Union of Air Transport Employees (NUATE) has directed the Aviation Security and logistics sub-sector to commence an immediate ...No intention to hike fuel price, NNPCL breaks silence
The Nigerian National Petroleum Company Limited has eventually spoken up as regards the widespread concern of a possible hike in ...
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