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
Adulterated Fuel: House Revokes Decision, Exonerates Duke Oil, Others Of Complicity
Urges NNPC to maintain 90m liters daily supply The House of Representatives has rescinded its earlier decision, directing the Nigerian National Petroleum Corporation (NNPC) to suspend four oil marketers/importers, namely,Read More