The Naira yesterday depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,354.21 per dollar.
The Naira yesterday appreciated to N1,320 per dollar in the parallel market, from N1,340 per dollar on Monday.
The Naira yesterday depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar exceeding the parallel market rate by N45.15.
Worried by another round of naria depreciation at the forex market, the Senate through its Committee on Finance, has called for concerted efforts by all relevant stakeholders to rescue and sustain its stability . In a statement issued on Sunday , the Chairman of the Committee, Senator Mohammed Sani Musa (APC Niger East), said there […]
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent against the dollar, thus recording the worst weekly performance of the Naira since February.
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent against the dollar, thus recording the worst weekly performance of the Naira since February.
Arizona Public Service, Public Service Co. of Colorado, Salt River Project, Tucson Electric Power and a public power trade group urged FERC to approve the day-ahead market.
United States Stocks faced their third consecutive week of losses, influenced by geopolitical tensions and concerns over persistent high interest rates.Technol
Australian and Japanese markets fell Wednesday as investors brace for the
Equities ended the week on an up note thanks to some of the market's biggest names.
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin and Ether Lead in Volatile NFT Market; Weekly Sales Down 30% […]
The proverbial can had already been kicked down the road a few times and doing so again allows more time to potentially minimize the impact on advertisers.