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Business

Nigeria’s Battered Naira May Get A Breather On Fed’s Rate

The Source August 27, 2024

A likely rate cut in the United States may bring much-needed relief to one of…

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Business
The Source Dollar, Naira 0 Comments

Naira Loses N72.58 Against Dollar As FX Turnover Hits $7.4bn In July

The Naira depreciated by N72.58 against the dollar as Foreign Exchange turnover transactions hit $7.39…

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August 26, 2024
Business
The Source 0 Comments

Nigeria’s Price Of Diesel Decreases in July – NBS

The average retail price of Automotive Gas Oil (Diesel) sold in Nigeria decreased by 5.71…

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August 19, 2024
Business
The Source Airtel, MTN 0 Comments

MTN, Airtel Chart Naira Profit Path After $1.56bn Losses

Telecommunication companies in Nigeria are charting a naira-focused path to profitability after suffering foreign exchange…

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August 13, 2024
Business
The Source Dangote, Petrol Supply, Refinery 0 Comments

Again, Dangote Refinery Extends Date To Commence Petrol Supply

There are indications that Dangote Refinery will not commence the domestic supply of petrol as…

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August 12, 2024
Business
The Source CBN, Dollar, Naira 0 Comments

Naira Gains N42.88 Against Dollar Weekly Amid CBN Auction System

The Naira gained N42.88 against the dollar at the foreign exchange on a week-on-week basis…

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August 10, 2024
Business
The Source 0 Comments

Crypto Exchange FTX to Pay $12.7 Billion To Fraud Victims

Collapsed cryptocurrency exchange FTX has agreed to pay $12.7 billion to investors who lost money…

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August 9, 2024
Business
The Source Cost Of Living, Inflation 0 Comments

Inflation: Cost Of Living Jumps By 19% In One Month

The National Average Cost of a Healthy Diet increased to ₦1,241 in June 2024. This…

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August 9, 2024
Business
The Source Arik Air, Flight Operations 0 Comments

Arik Air Resumes Flight Operations

Arik Air management has announced that the airline has resumed flight operations. Recall that the…

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August 8, 2024
Business
The Source Basket, Pepper, Tomatoes 0 Comments

Tomatoes, Pepper Per Basket Dropped With 50%

Bismarck Rewane, an economist and the Executive Director of Financial Derivatives, has said the prices…

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August 8, 2024
Business
The Source Dollar, Market, Naira 0 Comments

Naira Appreciates Against Dollar At Official Market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar.…

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August 6, 2024

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