Naira Exchange Rates - Parallel Market Lagos. *Prevelant Rate - Could be slightly higer or lower based on vendor.
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Nigerian revenues down, Excess Crude Account up in March - Minister of Finance

Abuja, April 21, 2016 (FxMallam) - The Federal Government of Nigeria saw its revenues fall in March to N299 Billion from N345 billion in February due in large part to low oil prices. The Minister of Finance, Kemi Adeosun told reporters that,…
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Nigeria collects $13.6b in TSA - Accountant General

The Accountant-Generalof the Federation (AGF), Mr Ahmed Idris has reveal that the Federal Government of Nigeria and collated over N2.7 Trillion in its Treasury Single Account (TSA). This comes after President Muhammadu Buhari in a bid to…
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Nigeria Economics Loses to Politics as Buhari Takes Naira Stand - Bloomberg

History is repeating itself in Nigeria, where the more President Muhammadu Buhari is urged to devalue the naira, the more he digs in his heels. Investors are beginning to surmise that politics -- rather than economics -- will determine the currency’s…

Nigeria plans shuttle diplomacy on oil, hopes for freeze deal in June - Reuters

Nigeria will hold talks with Saudi Arabia, Iran and other oil producers by May, hoping to reach a deal on an output freeze at the next OPEC meeting in June, the West African country's oil minister told Reuters. A deal to stabilise oil output…
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Naira FOREX Rates April 21st 2016 – Parallel Market

NAIRA (N) USD ($) EURO (€) GBP (£) BUY/SELL BUY/SELL BUY/SELL 21/4/2016 319/322 …
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Oil Trades Near 5-Month High as U.S. Crude Production Declines - Bloomberg

Oil traded near the highest level in almost five months after U.S. production dropped to the lowest since October 2014 and Iraq said producers plan a new push to agree on an output freeze in talks as early as next month. Brent in London added…