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Naira gasps for breath on the black market, trading at N1,750/$
3 days ago · The Naira faced more headwinds in the unofficial market amid high demand for the dollar and a widening supply gap. The Nigerian currency was trading as low as N1750/$ during the midweek trading session on the black market in the country’s business capital, driven by strong demand for the safe-haven currency.
NNPC failing to deliver agreed crude oil under crude-for-naira …
1 day ago · The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil supply obligations under the naira-for-crude agreement. Edwin Devakumar, the Vice President of the Dangote Group, disclosed this in a statement reported by Reuters ...
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Nairametrics launches dividend tracker to Advance Investor …
3 days ago · NM Partners "NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere.
Naira shows stability in official market, within Fitch Ratings ...
Jun 23, 2024 · Naira’s Fundamentals Brighten . In June, the naira demonstrated relative stability against the U.S. dollar. Data from the Financial Market Dealers Quote (FMDQ) revealed that the naira traded within the N1,473 to N1,485 range against the U.S. dollar this month.
Economy Archives - Nairametrics
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage... Read more Details
Nairametrics - Data
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Breaking News Archives - Nairametrics
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024 as Nigerians continue to
Stock Market Archives - Nairametrics
The Nigerian All-Share Index (ASI) wrapped up the trading session on November 21, 2024, in the red, shedding 234.95 points