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Naira

Oil and Gas

Petrol to go below N900/litre with stable exchange rate – Marketers

MAJOR oil marketers in the country believe that the petrol price could go below N900 if the Nigerian exchange...
Harrison EDEH -
Banking and Finance

Naira fails to strengthen despite CBN’s $543.5m forex sales to banks

THE Nigerian currency failed to show a marked improvement against the dollar despite the Central Bank of Nigeria's (CBN)...
Ehime ALEX -
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Banking and Finance

Market distortions: CBN sets 2 weeks to test run new forex policy

THE Central Bank of Nigeria (CBN) has set out a two-week period in November to test run a new...
Ehime ALEX -
Oil and Gas

Tinubu directs NNPC to sell crude to Dangote Refinery in naira

IN what appears to be a bold move towards curbing long fuel queues and assuaging Nigerians preparing for protest,...
Harrison EDEH -
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Business and Economy

Naira depreciates to 1,515/$ despite CBN’s interventions

THE naira on Monday, May 13, depreciated against the dollar, falling to N1,515/$ on the parallel market, despite various...
Harrison EDEH -
News

FG vows tough measures against traders inflating commodity prices

The federal government has threatened to take stringent regulatory measures against traders who unfairly inflate prices of goods and...
Mustapha USMAN -
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