Browsing: Naira

Botswana’s economic growth is expected to slow to 1 percent in 2024, primarily because of a

Top oil producing African nations, Nigeria, Angola are among other countries that have highest inflation

Minister of Power Chief Adebayo Adelabu has inaugurated the Federal Steering Committee for the European

The President of Capital Market Academics of Nigeria, Prof. Uche Uwaleke, says the ECOWAS single

The Federal Inland Revenue Service (FIRS) says the number of new taxpayers in Nigeria has increased

The average yield on Nigerian Treasury bills declined in the secondary market ahead of the inflation report for the month of June, which is scheduled to be released. The market expects the inflation rate to slow down in the month due to base effects. Investors and authorised dealers increased buying interest in the fixed income market following the apex bank auction on Wednesday.

The naira appreciated in the official window after additional foreign currency inflows boosted Nigeria’s external reserves. At the Nigerian autonomous FX market, the naira appreciated by 0.47% to close at ₦1,554.65 per US dollar. FX analysts said eligible US dollar demand remained elevated even though the exchange rate trended positively– albeit marginally.

The Federal Competition and Consumer Protection Commission (FCCPC) has called on Consumer Protection Groups

The US Federal Reserve is indicating that a cooling labor market is alleviating inflationary pressures, but there is likely

Price depreciation in Honeywell Flour, Seplat Energy Plc, among other decliners dragged the equities market