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Nigeria's Economic Recovery: Policies and Impact on the Economy by Ugodre - Founder, Nairametrics. Nigeria's Economic Recovery: CBN Policies and its impact on the wider economy. Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
Nigerian businesses expect naira to depreciate in the next three …
Aug 21, 2024 · The report states, “Respondent firms expect the naira to depreciate in the current month, next month and next three months but appreciate in the next six months as their indices stood at -22.6 points, -16.5 points, -4.8 points and 13.7 points respectively.” “They expect the borrowing rate to rise as the confidence indices stood at …
Nigeria Customs crosses N5.1 trillion revenue target for 2024 ...
2 days ago · The Nigeria Customs Service (NCS) has met and is projected to exceed its revenue target of N5.1 trillion for 2024, according to Comptroller-General Adewale Adeniyi. Announcing the milestone at the Comptroller-General Conference (CGC) on Wednesday, Adeniyi highlighted the agency’s exceptional performance as evidence of its strategy in ...
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Naira ends September at lowest exchange rate in seven months at ...
Oct 1, 2024 · In the parallel market, however, the Naira hit its lowest point in seven months, closing September at N1,700/$—the weakest level since February 2024. At the start of September, the official exchange rate on the NAFEM window was N1,585/$, indicating a 2.77% appreciation by the end of the month. Nairalytics data shows that September’s Naira ...
Economy Archives - Nairametrics
FCT, States’ domestic debt rise by N198.96 billion in three months. by Tobi Tunji. November 9, 2024. 0. The domestic debt of Nigeria’s 36 states and the Federal Capital Territory (FCT) increased by N198.96 billion within three months. Read more. Economy.
Breaking News Archives - Nairametrics
Nigerian Court convicts crypto firm over unlicensed USDT-Naira trading, transfers N140 million to FG. by Nnaemeka Onyekachi. October 23, 2024. 0. The Federal High Court in Abuja has convicted a Nigerian crypto dealing company, Official Gredo Limited, for illegally conducting USDT... Read more. Breaking News.
Markets Archives - Nairametrics
Markets News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Stock Market Archives - Nairametrics
All-Share Index closes with 0.25% gain as volumes and values traded rebounds by 41.30% and 89.56% respectively. by Research Team. October 25, 2024. 0. The Nigerian Exchange (NGX) continued its bullish trend the day, marking the fourth consecutive day of gains.