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
Fuel Scarcity: NMDPRA Threatens To Shutdown Filling Stations Hoarding Fuel In Kogi
The Nigeria Midstream Downstream Petroleum Regulatory Agency (NMDPRA) has threatened to shut down filling stations hoarding Premium Motor Spirit, (PMS), popularly called fuel to cause scarcity in Kogi State. TheRead More
Oil Marketers Raise The Alarm, Accuse Airline Operators Of Trying To Force Subsidy On Aviation Fuel
Wonder why only local airlines are complaining about rising ATK price, scarcity AON halts plan to suspend flight operations Chevron terminates Caverton’s contract Some petroleum products marketers have warned thatRead More