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FUL Management Reiterates Ban...

The Management of the Federal University Lokoja (FUL) has reiterated its ban on...

Tinubu, Ododo Celebrate Rescue...

President Bola Ahmed Tinubu and Kogi State Governor, Ahmed Usman Ododo, have commended...

PAAU Expels Six Students...

Prince Abubakar Audu University, (PAAU), Anyigba, Kogi State, has expelled six students for...

OMOYЕ CLAN ENDORSES TINUBU,...

The Omoye Clan, one of the prominent clans in Ebiraland, has declared support...
HomeBusiness

Category: Business

Naira Appreciates to N1,416/$ in...

The Naira yesterday appreciated to N1,416 per...

Cooking Gas Imports Jump 1,400%...

Nigeria’s imports of Liquefied Petroleum Gas (LPG),...

Naira Appreciates to N1,416/$ in Parallel Market

The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar recorded on Wednesday. However, the local currency depreciated to N1,365.1 per dollar at the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira rose to N1,365.1 per dollar from N1363.11 per dollar on Wednesday, indicating a N1.99 depreciation for the naira. Consequently, the gap between the parallel and official markets narrowed to N50.9 per dollar from N59.11 per dollar recorded on Wednesday. Meanwhile, the...
lugardtv -
Business

Naira Appreciates to...

The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar recorded on Wednesday. However, the local currency depreciated to...
lugardtv -
Business

Cooking Gas Imports...

Nigeria’s imports of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, surged by 1,400 per cent in June 2026, while domestic petrol supply...
Favour Mark -
Business

CBN Directs BDCs...

The Central Bank of Nigeria (CBN), has directed Bureau De Changes, BDCs, to sell unutilised foreign exchange (FX) balances to the Nigerian Foreign Exchange...
Khadijat Mohammed -
Business

UBA Announces Elumelu’s...

United Bank for Africa (UBA) has announced that Group Chairman Tony Elumelu will retire from the bank's Board of Directors on August 21, 2026,...
Roland Bayode -
Business

UBA Wins 2026...

United Bank for Africa (UBA) Plc, has emerged the winner of the African category at the 2026 Banker Technology Awards, recognised for its innovations...
Khadijat Mohammed -
Business

Kogi Indigene Places...

Kogi State indigene and founder of AquaProX Africa, Mr Salifu Daniel, has secured second place at the global aquaculture pitch competition held in London,...
Khadijat Mohammed -
Business

Trade Sector Attracts...

Nigeria’s trade sector attracted $65.79m in foreign capital in the first quarter of 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according...
Esther Nwachukwu -
Business

SEC, NYSC Unveil...

The Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) to educate corps members...
Godwin James -
Business

CBN Sets One-Month...

The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers, and payment service providers to implement mandatory dual connectivity for Point of...
Khadijat Mohammed -
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