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
Nigeria’s Private Refineries’ Operators Groan Under Weight Of Crude Scarcity As NNPC Focuses On Export
he few small-scale refineries operating in Nigeria are facing a huge challenge of crude oil supply, as the Nigerian National Petroleum Company (NNPC) Limited continues to focus on exporting theRead More
Badagry Deep Seaport: FG Receives Full Business Case Compliance Certificate From ICRC
The federal government through the Ministry of Transportation yesterday received the Full Business Case Compliance Certificate on the Badagry Deep Seaport and the Modular Floating Dockyard from the Infrastructure ConcessionRead More