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Tag: Naira Float

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CBN Announces New Guidelines For Bureau De Change Operations in Nigeria

August 20, (THEWILL) - In order to stem the slide in naira arising from dollar scarcity, the Central Bank of Nigeria (CBN) has announced...

NNPCL Secures $3bn Crude Repayment Loan To Stabilise Naira

August 16, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Limited says it has secured a $3 billion emergency crude repayment loan to support...

Naira Inches Towards N1000/$1, 2 Months After Emefiele’s Suspension

The naira plunged deeper to N948/$1 at the parallel market on Friday, August 11, 2023 – two months after Mr Godwin Emefiele was suspended...

Devaluation: Dangote, Nestle Nigeria, Others Battle N517bn Forex Loss in HY-2023

Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses...

Investors’ Gains In MTN, Zenith, Geregu Pushes NGX-ASI to 1.11%, As Naira Rises Marginally to N791.42/$

July 25, (THEWILL) - Equities market extended its winning streak for the fourth consecutive session positive on Tuesday, as the benchmark index closed...

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Tax Efficiency, Not To Punish Nigerians – Tinubu Explains Reforms Agenda

November 29, (THEWILL) - President Bola Tinubu has...

Ogun To Distribute 5000 C of O Friday

November 29, (THEWILL) - The Ogun State Government...

Foden’s Heroics Lead Man City To Comeback Win Over Leipzig

November 29, (THEWILL) - Manchester City staged a...

Late Felix Goal Propels Barcelona Past Porto Into Next UCL Round

November 29, (THEWILL) - Barcelona emerged victorious with...

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