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EKO HOT BLOG reports that the Nigerian government aims to save $7.32 billion annually following President Bola Tinubu’s directive that the Nigerian National Petroleum Company Limited...
The Arewa Consultative Forum (ACF) commends President Bola Tinubu for directing NNPC to sell crude oil to local refiners in naira, urging affordable petroleum prices in...
President Bola Tinubu has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Petroleum Refinery in Naira. Eko Hot Blog reports...
Recent Bloomberg report identifies Nigeria’s naira as worst-performing currency Naira hits record low against dollar, attributed to severe shortage of US dollars in local market. Volatility...
Eko Hot Blog reports that the Securities and Exchange Commission (SEC) has announced plans to delist naira from all peer-to-peer (P2P) platforms. This was disclosed by...
Middle Belt Youths Forum slams Akpabio for criticizing Emefiele Accuses Senate President of patronizing executive, seeking favors Defends Emefiele’s handling of naira, calls out Akpabio’s alleged...
EFCC has announced a crackdown on businesses charging customers in foreign currencies Schools, hotels, and supermarkets are among the entities targeted for accepting dollars and other...
In recent weeks, the Naira has staged an impressive comeback against the United States Dollar, soaring by over N700 from N1,800 to its current N1,020 rate....
Tinubu’s Govt Gives Fresh Prediction Of Naira To Dollar Exchange. Onanuga suggests the possibility of Naira trading below N1000 to a dollar in the near future....
BDCs will be getting the dollar from the CBN at the rate of N1,101/$. The CBN instructed them to sell dollars at a rate not exceeding...