Our reporter/ The feud between the Nigerian National Petroleum Company Limited and Dangote Refinery over the selling cost of a litre of petrol continued on Monday as the oil corporation…
Read More NNPCL confirm purchase of Dangote Petrol in dollars, to sell at ₦950/Litre in Lagos
The naira has further depreciated at the official market, trading at N1, 308.52 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees…
Read More Naira loses 0.64% against dollar at official market
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday commenced sale of dollars to Bureax De Change (BDC). According to a statement by the apex bank’s director, trade and…
Read More CBN resumes sale of dollars to BDCs
Our reporter/ There are strong indications that the Tinubu government is mulling a policy that will result in the conversion of foreign currencies in domiciliary accounts of citizens to naira…
Read More Anxiety as Tinubu’s govt considers converting $30bn domiciliary deposits to naira
The Association of Bureau De Change Operators of Nigeria has said double-edged sword dollar liquidity injection and the mopping up of the naira through interest rate hikes strengthened it against…
Read More Why naira is firming against dollar at FX market: ABCON
