Business
Naira AN351 Against Dollar At Forex In One Month
The Nigerian national currency, Naira, appreciated N351.12 against the US Dollar in the foreign exchange market in the last one month. This is according to FMDQ data on the dollar exchange rate from March 8 to April 5 2024. Accordingly, the country’s currency gained N351.12 by appreciating to N1251.05 per Dollar on Friday from N 1,602.17 on March 8, 2024. The figure represents a 21.9 per cent appreciation in the reference period. The development showed that the Naira has continued its appreciation since last month. The Director of the Centre for the Promotion of Private Enterprise, Muda Yusuf, had attributedRead More
NBC To Enforce 2.5 Per Cent Statutory Levy On Broadcasting Stations
Threatens to sanction defaulters The National Broadcasting Commission has directed all licenced broadcasting stations, owned, established or operated by private individuals, federal, state and local government across the country onRead More
Discos Alert On Nationwide Blackout As TCN Begs Workers To Suspend Planned Strike
The Electricity Distribution Companies (Discos) have alerted Nigerians to a likely nationwide blackout as the Transmission Company of Nigeria (TCN) yesterday begged workers in the sector to suspend their proposedRead More