THE exchange rate between the naira and the US dollar closed at an average of N735/$1 yesterday at the black market, representing a 0.68% gain compared to the previous day’s …
Nairametrics
- Business & Economy
Parallel market exchange rate now double official rate as traders point to N900/$1
by Nairametricsby NairametricsTHE exchange rate between the naira and dollar sold for N900/$1 according to a cross-section of dealers who claimed to have traded on Saturday 5th November 2022. This is more …
- Business & Economy
Naira falls at I&E window despite massive improvement in dollar supply
by Nairametricsby NairametricsTHE exchange rate between the naira and the US dollar closed at N428.16/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Naira depreciated against the US …
- Business & Economy
Titan Trust Bank completes acquisition of majority shares in Union Bank Plc
by Nairametricsby NairametricsUNION Bank Plc has announced the completion of core investors’ sale of a majority shareholding to Titan Trust Bank Limited, a subsidiary of TGI Group. This is just as the …
- Culture News
39 filmmakers receive N200m interest-free loans from Lagos govt
by Nairametricsby NairametricsBy Chike Olisah LAGOS State Governor, Babajide Sanwo-Olu, has presented cheques to 39 film-makers, who are beneficiaries of special interest-free loans being managed by the Lagos State Creative Initiative (LACI), …
- Diaspora News
Martina Chukwuma-Ezike: Meet first black female Rector of University of Aberdeen
by Nairametricsby NairametricsALMOST every day, we get to hear of Nigerians achieving great heights in different parts of the world. Whether it is in the areas of entertainment, sports, education, inventions, or …
NIGERIA’s external reserve dipped $24.3 million in the first week of the year to close at $40.49 billion as of 7th January 2021. This represents a 0.06% decline when compared …
- Business & Economy
Having a FirstBank salary account can ease your money problems, find out how
by Nairametricsby Nairametrics“THERE is always a lot to spend money on, and sometimes the bills can’t wait for the salary to be paid” Tope complained when his wife informed him that they …
- Business & Economy
Oyeyimika Adeboye: Cadbury Nigeria’s first female MD in over 50 years
by Nairametricsby NairametricsRuth Okwumbu-Imafidon OYEYIMIKA Adeboye is a woman of many parts, the most visible being her position as the Managing Director of Cadbury Nigeria Plc. In April 2019, she was announced …
- Business & Economy
DEAL: Nigeria’s Mouka Foam acquired by Moroccan company, Dolidol, in $60 million deal
by Nairametricsby NairametricsChidinma Anyalewechi INVESTMENT firm, Development Partners International (DPI), has announced the signing of Dolidol’s acquisition of Mouka, owners of Mouka Foam making Dolidol a regional champion and leader in the …