Naira

...URGES STAKEHOLDERS TO UPHOLD THE INTEREST OF THE NATION President Bola Ahmed Tinubu, speaking Tuesday in Abuja, commended the Implementation Committee on the Naira-based sales of crude oil and refined products and asked the…

In a groundbreaking move, Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira The Honourable Minister of Finance and Coordinating Minister of the Economy, announced that, in line…

The federal government is suggesting that the Nigerian Maritime Administration and Safety Agency (NIMASA) along with the Nigerian Port Authority (NPA) start collecting charges, fees, fines, and other payments in Naira instead of foreign…

By abiodun KOMOLAFE Assuming no unforeseen circumstances, Dangote Refinery is expected to make its first delivery of refined premium motor spirit, pms, to the Nigerian market by September 2024. The Federal Government has also…

The federal government has announced that the sale of crude oil to the Dangote refinery in naira will begin on October 1st. During a meeting with the Implementation Committee on Monday in Abuja, Wale Edun, the Minister of…

President Tinubu has extended an offer of support to the Dangote Refinery by proposing that NNPC sells crude to the refinery in Naira, providing a valuable lifeline. In order to maintain the stability of fuel prices and the…

It is a good turn as Naira, has on Monday appreciated to N1,080 per dollar in the parallel market, from N1,230 per dollar last weekend. Notably, Naira appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,136.04 per…

...with 2.4% gain. On Tuesday, the Naira gained at the official market, trading at N1,278.58 to a dollar. From data of the official trading platform of the FMDQ, the Naira has just gained N30.81 or 2.35 per cent, compared to the…

The Central Bank of Nigeria (CBN) has decided to slash the exchange rate for computing Customs duties at the nation’s seaports by 5.3 percent following the stability in the exchange rate of naira to the dollar. It was gathered…

Following the trend, Nigeria (Naira) has  a  current fall to N2,000 Naira against the British pound (£ Euro) in the parallel market ...more details soon.