Is Nigeria Borrowing to Survive or to Build?
BY BLAISE UDUNZE Nigeria is no longer flirting with deficit financing. As a country, it is living with it, not occasionally but structurally, routinely, almost …
Posts in category Economy
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December 6, 2023 Naira Recovers Against Dollar, Sells At N806.73/$1
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December 5, 2023 Osun Development Association (ODA) Honours Oyetola, Lagbaja, Adeniyi …. Inducts 14 new members
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November 28, 2023 Daily Forex Turnover Rises By 32 Percent, Hits $100.06m
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November 24, 2023 At N1,155/$1, Naira Appreciates At Parallel Market
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November 23, 2023 Amid Fall In Naira, Reps Seek Ban On Imported Goods With Local Substitute
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PTD Urges DSS, NSA To Call NUPENG To Order Over Attempt To Cause Industrial Crisis, Economic Sabotage
The Petroleum Tanker Drivers (PTD) Branch of NUPENG has asked the Department of State Services (DSS) and the office of the National Security Adviser (NSA) …
FCCPC Uncovers Cartels Inflating Food Prices In Nigeria
The Federal Competition and Consumer Protection Commission, FCCPC, claimed it has uncovered cartels responsible for prices of goods and food manipulation in Nigeria. The commission’s …
Naira Recovers Against Dollar, Sells At N806.73/$1
For the second time this week, the naira appreciated significantly against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s …
Osun Development Association (ODA) Honours Oyetola, Lagbaja, Adeniyi …. Inducts 14 new members
The Osun Development Association (ODA), a distinguished assembly of non-partisan Osun State elders, thought leaders, technocrats, and professionals, honors three prominent indigenes of the State …
De-dollarisation: As Naira Trades Flat, Analyst Urges Ban On Dollar Transactions In Nigeria
In other to de-dollarise the nation’s economy amid flutuation in the value of the naira against the United States dollar, an investment analyst, Adejumo Isaac, …
Daily Forex Turnover Rises By 32 Percent, Hits $100.06m
Despite volatility in the Nigeria’s foreign exchange market, Nigeria recorded a daily foreign exchange turnover of $100.06million in the Nigerian Foreign Exchange Market (NAFEM). The …
At N1,155/$1, Naira Appreciates At Parallel Market
The naira sustained its appreciation against the United States dollar at the parallel market as it appreciated on Friday, from N1,160 to N1,155. This represents …
Amid Fall In Naira, Reps Seek Ban On Imported Goods With Local Substitute
Amid frequent fall in naira, the house of representatives committee on finance, loans, and debt management, has recommended that all locally produced goods be banned …
Naira: Experts Advocate Purchase Of Made In Nigeria Goods, De-dollarising Economy
In other for the naira to sustain momentum against the United States dollar, financial experts and analysts have called for the use and purchase of …