foreign exchange
-
Naira Slides to 1565 Against Dollar in Parallel Market
The naira yesterday depreciated to N1,565 per dollar in the parallel market from N1,510 per dollar on Tuesday. Similarly, the naira yesterday depreciated to N1,503.38 per dollar in the Nigerian…
-
Naira Depreciation Yields N1.05 Trillion Gain for FG and Other Entities
The three tiers of government recorded N1.05 trillion in income from exchange rate gains into the Federation Account, in nine months to September 30th, 2023, triggered by the 71 per…
-
Cadbury Board Initiates Sale of 402 Million Shares Due to $7.7 Million Debt Challenge
Cadbury Schweppes Overseas Limited, controlled by Mondelēz International Inc, is a major investor in Cadbury Nigeria with 74.97 percent stake. In a statement on Tuesday, Cadbury Nigeria said it borrowed…
-
Naira devaluation: Nigerian students face tough times in UK, tuition soars by 60%
Many Nigerian students are facing tough times in the United Kingdom after the naira equivalent of their tuition fees increased by over 60 per cent following the recent move by…
Crowna'lamode news updates 