Business

Naira crashes totally as exchange rate hits N1,050/$1 The foreign exchange crisis in the country worsened on Thursday as a dollar exchanged for over N1,000…
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Naira crashes to all-time low as exchange rates hits N983/$1 The exchange rate between the naira and the dollar plunged to a record low N983/$1 at the black market…
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Do you want to know Today’s Dollar to Naira Black Market Exchange Rate? Currently, News Week Nigeria  will update its readers on the Black Market rate, Bank Rate, and…
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JP Morgan Report Reveals Nigeria's Net Foreign Reserves Estimated at $3.7 Billion. Global financial service giant JP Morgan has released a report indicating a stark…
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Nigerians To Pay More For Petrol As Russia, Saudi Arabia, Reduce Oil Production Amidst the current increase in fuel price due to the subsidy removal by President Bola…
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BREAKING: NNPC increases fuel price to 617 per litre The price of Petrol has increased to about N617 per litre as at Tuesday, 18th July 2023.…
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Fuel price crashes at depots amid low demand Private depots at the weekend crashed the price of Premium Motor Spirit (PMS) to N495 – N496 per litre from N502 to…
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Nigerian naira now undervalued, weakened — Bank of America The Nigerian naira has moved from being overvalued to undervalued following the…
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Nigerians to suffer severe effect as Cost of importing vehicles increases by 20%  • Least vehicle duty now N1.1 million  • Nigerians to suffer severe effect,…
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Fuel Price Hits N700 Per Litre As Oil Marketers Announces New Price The Independent Petroleum Marketers Association of Nigeria (IPMAN) has projected fuel price to cost…
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Naira drops massively as exchange rate sells for as high as N815/$1 The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the…
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CBN Lifts Restriction on Dollar Accounts  The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and…
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House of Reps rejects motion to suspend license granted to Dangote Refinery as sole importer of petrol The House of Representatives has rejected the motion…
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NNPC grants fuel import permit to Dangote as sole distributor pending the completion of the Dangote Refinery  ..Till December as NNPC terminates DSDP contracts…
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President Tinubu bans binance operations in Nigeria The President Bola Tinubu-led administration has slammed a ban on the operations of Binance Nigeria Limited. …
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President Tinubu Lifts Ban On cryptocurrencies Bitcoin and other cryptocurrencies have long been a topic of debate and regulatory scrutiny worldwide, and Nigeria has…
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