The naira weakened against the dollar, closing at N1,541.68 in the official market and N1,775 in the parallel market. Despite weeklong volatility, the currency saw some gains. President Tinubu’s 2025 exchange rate benchmark of N1,500 per dollar hints at efforts to stabilize Nigeria’s economy...
Oil marketers have issued a dire warning, signaling an impending surge in the cost of Premium Motor Spirit (PMS), commonly referred to as petrol. The projected price hike, expected to range between N680 to N720 per litre, is contingent on the Nigerian currency's continued depreciation against...
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