Exchange rate

N90 billion: Is it Hajj subsidy or Concession on exchange rate?

IF your relative requests that you assist him or her in raising money to pay the balance of Hajj fare…

1 year ago

Inflation, exchange rate, interest rate in focus as new MPC holds first meeting

THERE are high expectations that rising inflation, depreciation in exchange rate of the naira, raising the interest rate, among other…

1 year ago

Peg exchange rate for import duty at N1000/$, CPPE urges FG

The Centre for the Promotion of Private Enterprise (CPPE) has said that Nigerian manufacturers and investors are currently under pressure…

1 year ago

Official naira exchange rate beats parallel market in record depreciation

The naira depreciated to N1,534 per US dollar in the official foreign exchange market on Monday, February 12, 2024 from…

1 year ago

CBN gov, Minister, FIRS boss brief Reps on state of Nigeria’s economy

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday, revealed that between 2010 and 2020, Nigerians…

1 year ago

Exchange rate: We have to pray with all our strength — Pastor Adeboye

The General Overseer of the Redeemed Christian Church of God (RCCG) Enoch Adeboye has lamented the rising Naira to Dollar…

1 year ago

With prevailing exchange rate, Nigerian professor earns $265 monthly — Obi

Amid the ongoing debate on what should be the right minimum wage that will be commensurate with the prevailing harsh…

1 year ago

Experts differ on naira exchange rate, floating

TWO experts, a Nigerian political economist and former Deputy Governor of the Central Bank of Nigeria (CBN), Professor Kingsley Chiedu…

1 year ago

Naira currently undervalued, says CBN Governor

Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso has said that the naira is currently undervalued saying…

1 year ago

CBN, not Customs, adjusted exchange rate for import, export business —Adeniyi

The Comptroller General of the Nigeria Customs Service (NCS), Adewale Adeniyi, on Tuesday affirmed that the recent hike in exchange…

1 year ago

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