Category: Nigeria news
-
Naira best-performing in April, to exchange below N1,000 per Dollar – Goldman Sachs
Goldman Sachs has described Naira as the best-performing currency this month (April), saying the currency will exchange below N1,000 per Dollar. The firm disclosed this in its latest report on Nigeria’s economic realities. According to a report by Goldman Sachs economists, with the appreciation rate of the Naira in the foreign exchange market, the currency… Read more
-
Why Nigeria’s currency rebounded and what it means for the economy
Why Nigeria’s currency rebounded and what it means for the economy (ghanaweb.com) Read more
-
Naira breaks key resistance against dollar, within N1000/$ mark
Naira breaks key resistance against dollar, within N1000/$ mark (ghanaweb.com) Read more
-
Goldman Sachs sees Nigeria’s Naira extending world-beating rally
Goldman Sachs sees Nigeria’s Naira extending world-beating rally (ghanaweb.com) Read more
-
Naira best-performing in April, to exchange below N1,000 per Dollar – Goldman Sachs
Goldman Sachs has described Naira as the best-performing currency this month (April), saying the currency will exchange below N1,000 per Dollar. The firm disclosed this in its latest report on Nigeria’s economic realities. According to a report by Goldman Sachs economists, with the appreciation rate of the Naira in the foreign exchange market, the currency… Read more
-
Manufactured goods imports rise 269% to N9trn, exports decline
The value of manufactured goods imported into the country rose Year-on-Year (YoY) by 268.76 percent to N9.03 trillion in the fourth quarter of 2023 (Q4’23) from N2.45 trillion in the same period in 2022. The figure also rose by 128.12 percent when compared to N3.96 trillion recorded in the third quarter of 2023 (Q3’23). Details of… Read more
-
Nigerdock hands over N1.5bn schools, buses, Police Post to Lagos community
IN a bid to sustain cordial relationship with its host communities, Nigerdock, an oil and gas industry service firm, has handed over Corporate Social Responsibility, CRS, projects valued at N1.5 billion to Igbologun, a Lagos community. The projects include schools, buses Police stations among others. Speaking at the handing over ceremony, Managing Director of Nigerdock, Mr.… Read more
-
Smaller banks in Nigeria may face difficulty raising capital – Fitch
Smaller banks in Nigeria may face difficulty raising capital – Fitch (ghanaweb.com) Read more
-
Elon Musk’s Starlink slashes internet router price by 45% in Nigeria
Elon Musk’s Starlink slashes internet router price by 45% in Nigeria (ghanaweb.com) Read more
-
Naira reclaiming value amidst growing foreign currency debts
Naira reclaiming value amidst growing foreign currency debts (ghanaweb.com) Read more