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Forex turnover jumps to $265.59m at investors window

August 18th, 2017 Editor Markets, News 0 comments The foreign exchange daily turnover on Thursday jumped to $265.59 million from $93.21 million recorded the previous day at the investors and exporters window. Dealers attributed the rise to increased dollar inflows from offshore fund managers investing in the domestic equity market. Data from […]

Forex crisis: Manufacturers groan despite central bank’s intervention | Wetinberate| Realtime Naira Exchange Rates

Joe Penney/File Photo/Reuters Advertisement Experts are insisting that the intervention of the Central Bank of Nigeria in the foreign exchange market can only be temporary. Their argument is that the money being injected by the apex bank comes from crude oil proceeds and could be imperiled by oil price volatility. For some months now, the […]

Association Hails FG’s Plan To Pay Marketers’ N500bn

The Depot and Petroleum Products Marketers Association (DAPPMAN) on Wednesday commended Federal Government on its plans to commence payment of N500 billion debt to marketers for imported fuel and interest on bank loans.Mr Dapo Abiodun , the Chairman of DAPPMA, made the commendation in an interview with newsmen in Lagos.He said […]

Forex: Naira loses against dollar

The naira on Thursday continued to fall against the dollar at the parallel market, the … TVC Breakfast 17th August 2017 | CBN’s strong Naira defence.

Dollar to Naira black market rate today Thursday, 17th August 2017

Dollar to Naira black market rate today Thursday, 17th August 2017 Naira to Dollar rate stable Dollar to Naira black market rate today Thursday, 17th August 2017 is N364/N368.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the year. Earlier in the year […]

TVC Breakfast 17th August 2017

TVC Breakfast 17th August 2017 | CBN’s strong Naira defence … Breakfast 17th August 2017 | Whistle Blower Policy: FG recovers 11 Billion Naira …

See The Latest Exchange Rate Of Naira Against The Dollar (Read) – African Music Website

  The naira on Tuesday failed to consolidate on its gains in recent weeks. It depreciated to N370 per dollar in the parallel market. The local currency has dropped N3 in just three days. It, however, recorded marginal appreciation in the Investors and Exporters (I&E) window. The indicative exchange rate dropped to N362.38 per dollar […]

Forex crisis: Manufacturers groan despite central bank’s intervention

Joe Penney/File Photo/Reuters Advertisement Experts are insisting that the intervention of the Central Bank of Nigeria in the foreign exchange market can only be temporary. Their argument is that the money being injected by the apex bank comes from crude oil proceeds and could be imperiled by oil price volatility. For some months now, the […]

Manu – TVC News Nigeria

Experts are insisting that the intervention of the Central Bank of Nigeria in the foreign exchange market can only be temporary. Their argument is that the money being injected by the apex bank comes from crude oil proceeds and could be imperiled by oil price volatility. For some months now, the Naira has enjoyed some […]

CBN has so far disbursed N277.4 billion as Power and Airline Intervention Fund |

The Central Bank of Nigeria (CBN) has made a cumulative disbursement of N277.4 billion as Power and Airline Intervention Fund (PAIF) between September 2016 till June 2017. The report also revealed that a cumulative sum of N106.13 billion was repaid within the same period. The programme has 16 Airline projects and 43 Power projects which […]

Naira steadies at forex markets, as CBN injects $364m — Daily Times Nigeria

Despite lifting the official foreign exchange market on Tuesday, with injection of $364 million by the Central Bank of Nigeria (CBN), the nation’s currency, naira, on Wednesday, remained unchanged at both the official and unofficial forex markets. As at the close of daily trading activities on the official segment of the market, the local currency […]

CBN’s power, airline interventions hit N277 billion |

Share Tweet Share Share Email Development interventions by the Central Bank of Nigeria (CBN) in the power and aviation sectors have reached N277.4 billion cumulatively between September 2016 till June 2017, with repayments by the operators trailing progressively. The programme, under CBN’s Power and Airline Intervention Fund (PAIF) has […]

Naija Dailies: Nigerian News | CBN Shores Up Naira With $364M Intervention In Forex market

   Top Nigerian Dailies    Most Read Nigerian News    Certified Global Alexa Rank 1 Amnesty: Environmental failure caused Sierra Leone flood disaster – Exclusive, 2 hours ago 2 Stop heating up the polity, Okowa tells […]

NBS: Roughly N400bn in Bribes Given to Public Officials Annually

 Says bribery is an established part of administrative procedure in Nigeria Police, judiciary identified as biggest bribe-takers Ndubuisi Francis in Abuja An estimated N400 billion, or the equivalent of $4.6 billion in purchasing power parity (PPP), representing 39 per cent of the combined federal and state education budgets in 2016, is paid out as bribes […]