Tag: exchange rate
Exchange rate to hit N1.993/$ by 2028 — Fitch
Fitch Solutions, a financial intelligence service provider, has predicted that the Naira would depreciate to N1,993 per USdollar by 2028. A report ...Obasanjo faults exchange rate unification, implementation of subsidy removal
Former President Olusegun Obasanjo has taken a swipe at President Bola Tinubu’s implementation of the fuel subsidy removal and the unification of ...FG seeks $10bn to stabilise exchange rate as naira tumbles
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell ...Exchange rate: Manufacturers plan general price hike
Manufacturers have predicted fresh hikes in the prices of commodities in the market to rise in response to the continued fall of ...FG raises exchange rate for cargo clearance to N951/$
The Federal Government through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N783/$ to N952/$. This ...We’ll Intervene On Effects Of Exchange Rate, Petrol Prices Inflation When Necessary – Tinubu
President Bola Tinubu says his government is monitoring the effects of exchange rates and inflation in Premium Motor Spirit, aka petrol prices ...It’s official! CBN announces unification of all exchange rate windows
The Central Bank of Nigeria has announced the unification of all segments of the forex exchange market. In a circular on Wednesday, ...Exchange rate, high cost of diesel, affecting my business – Obasanjo
A former Nigerian president, Chief Olusegun Obasanjo, has lamented the high cost of diesel, as well as the exchange rate in the ...Dollar hits N600 at ‘black’ market, forex supply shrinks
The dollar exchanged at N600 on Monday at the parallel market, popularly known as ‘Black Market’ heightening fears of a further devaluation ...