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Farooq

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LAGOS, Nov 15 (Reuters) – Annual inflation in Nigeria slowed for the ninth month in a row in October, easing to 15.91 percent, the National Bureau of Statistics (NBS) said on Wednesday in a report. A separate food price index showed inflation at 20.31 percent in October, compared with 20.32 percent in September. “The rise […]

  • CBN

LAGOS, Nov 15 (Reuters) – Nigeria raised 119.9 billion naira at a treasury bill auction on Wednesday after allocating almost 90 percent of the debt to the longer maturities, traders said. The central bank sold 107.93 billion naira of one-year debt at a rate of 15.60 percent, 43.26 billion naira more than it had initially […]

Dollar to Naira Rate Black Market November 15 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

Oyetunji Abioye The Central Bank of Nigeria has continued its sustenance of foreign exchange liquidity by injecting another $195m into the inter-bank foreign exchange market, even as the naira maintains its strength. The $195m intervention was made on Monday. Figures released by the bank showed that it offered the sum of $100m to the wholesale […]

Dollar to Naira Rate Black Market November 14 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

ABUJA, Nov 13 (Reuters) – President Muhammadu Buhari is to visit southeast Nigeria this week, his spokesman said on Monday, his first trip since taking office to a region formerly known as Biafra. Calls for secession have become increasingly loud in the last few months in parts of the southeast, where the president is deeply […]

Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Sunday said that the whistle-blower who informed the Economic and Financial Crimes Commission of the N13bn recovered from an Ikoyi apartment in Lagos would be paid this month. Adeosun said this in a statement issued by her Special Adviser on Media and Communications, Mr. […]

Oil producers are expected to unanimously extend a production cut accord later this month but its duration is being discussed, the UAE energy minister said on Monday. “I think this group of committed and responsible producers came together… and I think they will continue to do what it takes to take us to the next […]

KIGALI, Nov 13 (Reuters) – The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday. The global commodities price crash that began in 2014 hit economies across Africa hard, particularly big resource exporters such as Angola and Nigeria. Low oil and mineral prices […]

Dollar to Naira Rate Black Market November 13 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]