President Bola Tinubu has given the go-ahead for the Nigerian National Petroleum Company (NNPC) Ltd to use the 2023 final dividends owed to the federation to…
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The official foreign exchange market witnessed a decline in the value of the naira against the dollar at the end of the week. According to FMDQ…
Standard Bank, the largest lender in Africa by assets, announced plans to increase its ownership in businesses in Angola and Nigeria. The Angolan government is preparing…
FMDQ data shows that the Naira plunged further against the Dollar on Wednesday at the foreign exchange market.The depreciation comes as the foreign exchange transaction turnover…
Dangote Refinery has rebutted claims that the company has set its petrol price.According to a statement signed by Anthony Chiejina, Group Chief Branding and Communications Officer,…
The Central Bank of Nigeria authorised the Providus-Unity Bank of Nigeria on August 6, 2024. The day after, the apex bank approved a bailout loan of…
According to FMDQ data over the past seven days, the Naira advanced by N42.88 weekly in comparison to the dollar in the foreign exchange market due…
A week after Arik Air planes were grounded due to a dispute with Atlas Petroleum, Nigeria’s aviation authorities have decided to lift the suspension on the…
FMDQ data has shown that the Naira has appreciated against the Dollar for three consecutive days at the foreign exchange market amid the Central Bank of…
The Naira appreciated twice against the Dollar in the foreign exchange market this week. According to FMDQ data, the Nigerian currency rose further to N1601 per…