Tag: naira

|By Adejumo Adekunle- – Local currency plunges by N55 in a day– Official exchange rate tumbles to N1,512/$1– External reserves shrink to $34.34bn   The Nigerian naira has suffered another…

|By Adejumo Adekunle- Parallel market rate tumbles to N1,515 per dollar CBN data shows slight appreciation to N1,491.67 per dollar Volatility persists as Naira fluctuates across FX markets The Naira…

|By Adejumo Adekunle-   – Black market rate hits N1,500 per dollar – FX market shows narrowing disparity – CBN maintains interest rate pause The Naira has extended its upward…

|By Adejumo Adekunle –   Parallel Market Sees Naira Drop to N1,580 per Dollar Official Exchange Rate Slips to N1,503.07 per Dollar Currency Faces Consecutive Declines Amid Forex Volatility The…

|By Adejumo Adekunle –   Local currency weakens to N1,495.60/$1 at official window Black market rate remains stable at N1,610/$1 CBN extends FX sales to BDCs until May 30, 2025…

|By Adejumo Adekunle – FMDQ Records Slight Naira Weakness by ₦2.2 Compared to Last Friday Black Market Holds Steady at ₦1662-₦1665 Despite Official Market Dip Positive Momentum Falters as Naira…

|By Adejumo Adekunle –   Civil Society Raises Alarm Over Crude Supply Cuts Concerned Nigerians Demand Federal Intervention Impact of Naira-for-Crude Policy Under Scrutiny   The Nigerian National Petroleum Company…

|By Adejumo Adekunle –   Naira Recovery Expected: CPPE sees reduced exchange rate volatility aiding inflation moderation. Oil Market Boost: Trump’s presidency may drive global oil production and ease energy…

Babatunji Wusu – The Nigeria National Petroleum Company Limited (NNPCL) has raised the petrol pump price at its Lagos filling stations to ₦855 per liter. This adjustment comes just two…

Babatubji Wusu – The Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) of causing sorrow, hardship, and insecurity among Nigerian workers and people. The opposition party announced…