Nigeria’s Petrol Landing Cost Surpasses N1,000/Litre Amid Deepening Foreign Exchange Crisis
As Nigeria grapples with a deepening foreign exchange crisis, the landing cost of imported petrol has ...
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Tag: black market
Naira Falls to N1200/$ in Parallel Market, Gains 11% in NAFEM
The naira experienced a depreciation in the parallel market, falling to N1,200 per dollar from N1,172 ...
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Fuel Scarcity Hits Nigeria as Marketers Shut Outlets Amid Unfavourable Conditions
Fuel scarcity has resurfaced in Nigeria as many oil marketers have closed their outlets, leading to ...
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Nigeria Maintains Position as Africa’s Largest Economy Despite Currency Volatility
Nigeria has reaffirmed its status as Africa's largest economy, with data available for the second quarter ...
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Foreign Currency Shortages Strangle Nigerian Businesses Dependent on Imports
In a concerning turn of events, Nigerian businesses heavily reliant on imports are feeling the squeeze ...
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Naira-Dollar Exchange Rate Plunges to N900 on Black Market Amidst Rapid Demand Surge
The exchange rate between the Nigerian naira and the US dollar experienced a significant decline, reaching ...
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Nigerian Naira Continues to Weaken Against Dollar, Reaching Lowest Point
The Nigerian naira has weakened further against the US dollar, reaching a low of N917 to ...
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