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Article 'FCSC Recruitment: Steps to Secure a Position in Nigeria’s Federal Civil Service'- Nigeria News
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Article 'Dangote Refinery Secures 12M Barrels of US Crude to Address Local Supply Gaps'- Nigeria News
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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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![Today's Naira Rate[16-07-2014]: Trump Speculation and Domestic Pressures Drive Naira to N1,577/$](/data/attachments/206/206174-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[16-07-2014]: Trump Speculation and Domestic Pressures Drive Naira to N1,577/$
Nigerian naira hits lowest level since March, trading at N1,577/$. Factors include high dollar demand, soaring inflation, and global economic uncertainties. CBN interventions prove insufficient. Trump assassination attempt speculation impacts dollar strength. Naira's decline poses challenges for...
![Today's Naira Rate[15-07-2014]: Naira Weakens as USD Exchange Rate Reaches N1550 in Black Market](/data/attachments/206/206147-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[15-07-2014]: Naira Weakens as USD Exchange Rate Reaches N1550 in Black Market
Discover today's USD to NGN black market exchange rate, where buyers purchase dollars at N1550 and sellers sell at N1575, contrasting with CBN's official rates. Stay informed on currency fluctuations.
Today, the black market exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) stands...
Nigeria's inflation rate rose to 34.19% in June 2024, with food inflation hitting 40.87%, according to the National Bureau of Statistics. The increase highlights ongoing economic challenges, particularly in the food sector. Experts call for government intervention to stabilize prices and protect...
Aliko Dangote, Africa's wealthiest man, reveals he resides in a rented apartment in Abuja, emphasizing his commitment to industrializing Nigeria. Despite owning homes in Lagos and Kano, he sold his London property in 1996 to avoid distractions from his Nigerian ambitions. His stance sparks mixed...
NNPC reduces its stake in Dangote Refinery from 20% to 7.2% due to strategic realignment. The decision, communicated months prior, aims to align with NNPC's objectives. The refinery, a key project in Nigeria’s energy sector, began production on January 12. Future impacts remain closely watched...
Dangote Refinery CEO reveals NNPC stake reduction from 20% to 7.2% due to missed payments. $19 billion project on track for August petrol sales. Africa's largest refinery, located in Lagos, aims to boost Nigeria's refining capacity, reduce import dependency, and create jobs. Dangote reassures...
Dangote Refinery turns to Brazil for crude imports amidst Nigerian supply challenges, sourcing one million barrels of Tupi crude. Significant overseas purchases aim to support full-scale operations amid higher crude prices.
The Dangote Refinery, which processes 650,000 barrels per day, is...
The Central Bank of Nigeria (CBN) sold $122.67 million to forex dealers, aiming to stabilize the naira. Experts predict this will strengthen the currency and reduce market pressure. Despite the intervention, the naira slightly weakened against the dollar. The CBN commits to continued market...
![Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions](/data/attachments/206/206069-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions
Despite Central Bank efforts, Nigerian naira hits July low at N1,563.80/$1 amid declining FX turnover. Recent CBN sales of $122.67 million failed to stabilize rates, highlighting ongoing economic challenges.
In a concerning development, the Nigerian naira experienced a significant depreciation...
Dangote Refinery secures 5 million barrels of US crude for upcoming months, marking a strategic move to diversify sourcing amid efforts to reduce Nigeria's foreign fuel dependency.
Dangote has reportedly purchased 5 million barrels of US crude for delivery next month and in September, with...
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