The naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k. The rate represented a 0.04 per cent appreciation compared to the N436.50k for which the dollar was exchanged on Thursday.
The open indicative rate closed at N434.83k o the dollar on Thursday. An exchange rate of N438 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33k.
The Nigerian Export Promotion Council (NEPC), says that improved export remains the solution to the free fall of the Naira to the dollar.The Executive-Director of NEPC, Dr Ezra Yakusak, said this at a news conference heralding the Council’s second...
The Nigerian Electricity Regulatory Commission, NERC, has directed customers to seek refund in form of ‘Energy Credit’, spanning a period of three years, from Electricity Distribution Companies, DISCOs, for prepaid meters purchased under the Meter Asset Provider (MAP) scheme.The...
A STORM OF INVESTMENT worth tens of billions of dollars is heading to Nigeria, states Ngelale from India, after Tinubu closes 14 billion dollar worth of investment deals on his FIRST DAY in India, with Tinubu yet to speak...
Aviation unions under the Nigeria Labour Congress (NLC) have opted out of the two-day warning strike called by their parent body.The leadership of the unions say the reason for their opt-out is their unwillingness to jeopardise the industry’s safety...
