“Many Nigerians abroad are investing in Eurobonds. But now, people that have dollar income will prefer to save it in the dollar rather than change it...
For manufacturers, the continued devaluation of the naira had led to increased costs with regard to the importation of raw materials for production needs. However, the...
‘‘Precisely, we expect the planting season, adverse weather conditions, and lingering impact of crop disease outbreak to blunt the positive impact of the green harvest in...
“The reality of the moment is what we need to look at and not about being bring partisan. Even when this policy is in place, we...
Similarly, analysts at Financial Derivatives Company, FDC, led by Bismarck Rewane, said, “The foreign exchange market will remain volatile in the short term as market expectations...
An exchange rate of N781 to the dollar was the highest rate recorded within the day’s trading before it settled at N756.61.
Agriculture remains the sector for low hanging fruits in increasing exports. However, insecurity is critically reducing agricultural productivity and it has to be fought to a...
These policy changes aim to promote transparency, liquidity and price discovery in the FX market in order to improve FX supply, discourage speculation, enhance customer confidence...
An exchange rate of N476 to the dollar was the highest rate recorded within the day’s trading before it settled at N464.67.
NASCON reported 84 per cent growth in its 2022 profit after tax; from N2.97bn to N5.47bn. Turnover was on the upswing too, increasing from N33.28bn to...