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Naira increases to N1, 370 per dollar in parallel market

The value of the Naira increased from N1,375 on the parallel market on Wednesday to N1,370 per dollar yesterday.However, on the Nigerian Foreign Exchange Market (NFEM), the naira lost value to N1,329 per dollar.The indicative exchange rate for the naira increased to N1,329 per dolla ....
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NNPCL increases petrol price to N1, 270 per litre

Nigerian National Petroleum Company Limited, NNPCL, retail stores have increased the pump price of Premium Motor Spirit, PMS, generally known as petrol.A market survey found that the state-owned filling stations hiked their petrol price to N1,270 per litre from N1,155 per litre in Abuja an ....
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POS system operators

If Verve International and Interswitch Limited's alleged exclusivity practice is not promptly addressed by the Central Bank of Nigeria and the FCCPC, the Association of Point of Sale Service Providers {POS} may halt and severely impair banking operations in the nation.Yomi Idowu, the Assoc ....
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Naira drops to N1,395 per dollar in parallel market

In the parallel market, the Naira dropped from N1,390 per dollar last Friday to N1,395 per dollar yesterday. Similarly, on the Nigerian Foreign Exchange Market, or NFEM, the local currency fell to N1,373.5 per dollar.According to data from the Central Bank of Nigeria, or CBN, the ma ....
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Naira drops to N1,392 per dollar in parallel market

In the parallel market, the Naira fell from N1,388 per dollar on Wednesday to N1,392 per dollar yesterday.Similarly, on the Nigerian Foreign Exchange Market (NFEM), the value of the naira fell to N1,371 per dollar.The indicative exchange rate for the market dropped to N1,371 ....
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Naira appreciates to N1,382 per dollar in parallel market

In the parallel market, the Naira increased from N1,387 per dollar on Monday to N1,382 per dollar yesterday.In a similar vein, in the Nigerian Foreign Exchange Market, or NFEM, the naira increased to N1,362 per dollar.The indicative exchange rate for the naira decreased to N1 ....
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