Inflation: Manufacturers record 90.6% rise in cost of sales
Nigeria’s manufacturers are counting their losses to the drastic macroeconomic changes being executed by the Federal Government, FG.
Investors lose N2. 05 trn in 3 days amid profit taking
By Peter Egwuatu Investors lost N2.05 trillion in three days on the NGX due to profit-taking activities which continued, yesterday, in the Nigerian stock market. The market capitalisation, which represents the total value of equity listed the Nigerian Exchange, NGX, declined to N64.256 trillion on Wednesday from N64.302 trillion on Monday. In the same vein, another […]
Naira depreciates to N1,660/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday. But, the Naira appreciated to N1,549 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) […]
Naira appreciates to N1,655/$ in parallel market
By Elizabeth Adegbesan THE Naira yesterday appreciated to N1,655 per dollar in the parallel market from N1,665 per dollar last weekend. But, the Naira depreciated to N1,550 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the Nigerian Foreign Exchange Market […]
Cartoon: ‘Your Excellency, please, lend me your glasses’
Cartoon: ‘Your Excellency, please, led me your glasses’
Naira depreciates to N1,665/$ in parallel market
The Naira on Friday depreciated to N1,665 per dollar in the parallel market from N1,645 per dollar on Thursday.
