Scoring goals and valuing Naira: The market dynamics of Bukayo Saka and Nigeria’s currency
Same Bukayo Saka but different valuation, So which is the actual value of Saka? Is €100m overvalued, or is €10m ...
Tag: Exchange Rate
Naira on the march to below N1,000/$1 as official exchange rate close at N1,142/$1
The exchange rate between the Naira and the Dollar at the official window rose by 7.7% on Friday to close ...
Customs FX rate for import duties falls to N1,238/$
The exchange rate for clearance of goods and import duties assessment by the Nigeria Customs Service (NCS) has dropped from ...
DisCos 90 day exchange rate freeze
It was learnt last week that the drivers of the new power tariffs in Nigeria are the exchange rate of ...
Naira gains N821 against the British pound from its February low
Following the Central Bank of Nigeria's reforms, the country's currency has consistently appreciated against the US dollar and other foreign ...
FG’s monthly electricity subsidy spending to crash by 52% on new tariff hike
The Nigerian government’s move to revise electricity tariffs is set to deliver a 52% cut in monthly subsidy expenses.
Customs says CBN-approved forex rates for import duty has caused disruptions
The Nigeria Customs Service revealed that the service encountered major challenges with the fluctuations of the CBN exchange rate regime ...
Official Exchange rate strengthens below N1,300/$1 for the first time since January
The exchange rate between the Naira and Dollar close at N1,278.58 on Tuesday April 2, 2024, the first trading on ...
Business owners report high prices limiting demand as Nigeria’s PMI remain unchanged in March- Report
The Nigeria’s Purchasing Managers’ Index (OMI) remained unchanged at 51.0 for the month of March, indicating no change from previous ...
Naira puts strong dollar in check, settles at N1255/$
The naira defied the strong dollar despite positive macros from the world's largest economy's manufacturing data report that it grew ...
