Headlines
Naira Remains Stable Across Markets
Nigeria’s naira to dollar exchange rate remained stable at the NAFEX and parallel market on Wednesday, February 24, 2021.
The exchange rate at the I & E window closed at N408.8 to one dollar on Tuesday as against N408.6 in the previous day.
Naira traded for as high as N429.75 at the Investors and Exporters window as the demand for the greenback continues to rise by both legitimate importers and foreign investors that wanted to repatriate their earnings.
At the parallel market/black market, the naira to dollar exchange rate remained stable at N480/$ on Wednesday, February 22, 2021, the same rate as of Monday and Tuesday.
The closing rate indicated that the exchange rate differential between NAFEX market and parallel market is N71.2
Author
Add your voice
0 comments
Unilever to exit home care, skin cleansing business
Fast Moving Consumer Goods company, Unilever Nigeria, has said that it will be exiting the home care and skin cleansing...
USAID brings localisation of African healthcare development into focus
The US Agency for International Development (USAID) has renewed this prioritisation, sparking conversation within the development community about the evolution...
Russell Sage Foundation fellowship for journalists
Application Deadline: May 2, 2023 (11:59 PM EST) In recognition of journalists’ reports on issues of relevance to Russell Sage...
IWD: ARTSPLIT partners foundation to empower women, young girls
In commemoration of International Women’s Day (IWD), ARTSPLIT, a leading investment technology Company partnered with Chude & Ego Foundation, a...
Aviation workers drag minister to court over airports concession
A group of aviation workers’ unions have dragged the Minister of Aviation, Hadi Sirika and the Federal Airports Authority of...
Kwara community to get N3bn power substation from FG
The Nigeria Government is planning to install $8m (about N3bn) 1x60MVA, 132/33KV power transmission sub-station in Oro in the Irepodun...
Platform for viewing Nigeria election results unveiled
Tech executives Oo Nwoye, and Ozo Omosigho have announced the launch of Collate, a platform for collating Nigeria election results in...
Microsoft Unveils Co-pilot, AI tool powered by GPT-4
Microsoft has unveiled a new Artificial Intelligence tool powered by GPT-4 from OpenAI called Copilot for its Microsoft 365 apps...
Andela acquires Qualified, technical skills assessment platform
Andela, the global network for remote technical talent, has acquired Qualified, the leading technical skills assessment platform to identify, qualify,...
BRT-train crash: 102 victims receiving treatment, says LASUTH
The Chief Medical Director of Lagos State University Teaching Hospital, Ikeja (LASUTH), Prof. Adetokunbo Fabamwo, has confirmed that 102 victims...
