Manufacturers hold key to Nigeria's FX stability - SPM professional
Paul Alaje, chief economist at SPM Professionals, has said the stability needed in Nigeria’s foreign exchange market hinges upon the...
Paul Alaje, chief economist at SPM Professionals, has said the stability needed in Nigeria’s foreign exchange market hinges upon the...
The devaluation of the Naira in June 2023 caused quite a shock in the Nigerian business environment with many companies...
Nestle Nigeria’s N127.46 billion foreign exchange loss in the face of weak naira has pushed the firm to a loss...
Nigeria’s currency depreciated by 9.8 percent in the second quarter of 2023 following the adoption of a single exchange rate...
Guinness Nigeria has recorded a 5 percent drop in profit in its Q1 ended September 2023, driven by rising input...
Net foreign exchange (FX) inflow through the autonomous market increased significantly by 91.21 percent in five months driven by the...
The naira is in free fall once again after a $3 billion loan secured by state-oil company NNPCL that was...
The foreign exchange (FX) market closed on Monday with naira losing 1.79 percent at the Investors’ and Exporters’ (I&E) forex...
The exchange rate gap/spread between the official and the parallel market on Wednesday closed by 99.33 percent to N1.83 per...
GlaxoSmithKline(GSK) Nigeria, manufacturer and distributor of healthcare products saw its profit dip 20 percent in the first quarter of 2023...