Dollar to naira exchanged on Thursday, August 25, 2022, at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
Going by available data on the window where dollar to naira trades every day, the currency at the central stood at (undisclosed).
This figure in which...
It is no longer news that the world economy has in the past months been brought to a standstill. As COVID-19 continues to ravage, different countries across the world have been seen embarking on a nationwide lockdown, a move that hasn’t just disrupted human activities but crippled the business...
Dollar to naira, on Friday, October 29, 2021, opened at N414.49 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
This development represents a fact that naira gained as against the dollar, as it closed at N415.10, a 09% drop, on Thursday, October 28.
According to...
Economic experts have lamented the losses of looting and arson of properties in Lagos State.
Recall that between Tuesday, October 20, 2020, and Friday, October 23, some stores (both private and public), were looted, while properties were also destroyed by miscreants who hijacked the nationwide peaceful protest against police brutality...
President Muhammadu Buhari has told manufacturers in the country that his administration will address their main challenge, which is insufficient forex.
Unmaskng.com understands that the manufacturers need accessibility to forex for the procurement of raw materials and agro-allied equipment that are not available locally.
Addressing Mansur Ahmed-led executives of the Manufacturer Association of Nigeria (MAN),...
Dollar to naira, on Monday, November 1, 2021, opened at N414.12 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
According to the data at the FMDQ Security Exchange where forex is traded officially, dollar to naira exchange rate at N414.12/$1 on Monday, and closed at ₦415.10 on the same day.
This...
Stakeholders in Nigeria’s aviation sector are expressing fears, as mass sacking is imminent due to the novel coronavirus also known as COVID-19.
Amongst the many sectors affected in this torrid period is the aviation industry. This is because of the lingering lockdown triggered by the infectious disease.
While other sectors have...
Dollar to naira, on Tuesday, November 2, 2021, opened at N414.26 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
According to the data at the FMDQ Security Exchange where forex is traded officially, dollar to naira exchange rate at N414.26/$1 on Tuesday, and closed at N415.02 on the same day.
This...
In the next one year, Nigerians will not be able to afford new cars and houses. This is according to the Central Bank of Nigeria (CBN).
Revealing why Nigerians are reluctant to make new purchases of houses and cars, the apex bank, in its Consumer Expectations Survey for third quarter...
The World Bank has projected that Nigeria's inflation would increase in 2022, such that it may become the highest in the world.
Should inflation increase as projected by World Bank, Nigerians would pay more for foods and other commodities this year.
With increasing food prices and that of other commodities diminishing...