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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

CBN Grants Operating...

The Central Bank of Nigeria (CBN) has granted final license to 82 Bureaux De Change in line with the provision of the Bank and...
Khadijat Mohammed -
Business

Kogi Moves to...

Kogi State Internal Revenue Service (KGIRS) has called on the State House of Assembly to domesticate the Nigeria Tax Act and the Nigeria Tax...
Favour Mark -
Business

Gov. Ododo Pays...

Kogi State Governor, Alhaji Ahmed Usman Ododo, has described the the former Governor of old Kwara state Senator Cornelius Olatunji Adebayo, as a statesman...
lugardtv -
Business

AfDB Pledges $1...

The African Development Bank (AfDB) is set to invest $1 billion in the second phase of the Special Agro-Industrial Processing Zones (SAPZ) programme across...
Roland Bayode -
Business

Nigeria Attracts $7.6...

Nigeria has secured a staggering $7.6 billion in investment interests at the 2024 Africa Investment Forum, held in Rabat, Morocco, from December 4 to...
Roland Bayode -
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