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WEBNairametrics - Business news, Economy, Investing, and Financial Literacy. Fidelity announces N200.8 billion pre-tax profit for period ending June 30, 2024, to pay N0.85 dividend October 6, 2024. Legal & Regulations.
Naira expected to stabilize against the dollar in the fourth quarter …
WEB11 hours ago · The report emphasizes that the commencement of operations at the Dangote Refinery will play a crucial role in easing forex pressures. With petroleum products accounting for 30-40% of Nigeria’s import bills, the refinery’s full-scale operations are expected to substantially reduce these import costs, thus …
Sterling Bank named 'MSME Bank of the Year' at Nairametrics …
WEB12 hours ago · Sterling Bank has been named the MSME Bank of the Year at the recently held maiden edition of the Micro Small and Medium Enterprises (MSME) Award Night. The event was organised by Nairametrics in partnership with the Economic Forum Series to recognise and celebrate the organisations that have made a …
Naira rises by 5.48% at I&E window as market turnover soars
WEBSep 27, 2024 · The Nigerian naira appreciated against the US dollar, closing at N1,576.10 in the official Investor and Exporter (I&E) window on Thursday, September 26, 2024. This represents a 5.48% gain from the previous day’s closing rate of N1,667.52, highlighting the naira’s renewed strength amid ongoing market volatility. Market turnover also experienced a surge, increasing by 232.5% […]
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Breaking News Archives - Nairametrics
WEBNigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS. by Aghogho Udi. September 16, 2024. 0. Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July …
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Naira falls 8.25% in the I&E Window, with market turnover …
WEB5 days ago · Market Turnover: Turnover in the I&E window fell to $176.45 million, down from $181.86 million the previous day. For context, total turnover for September stood at $3.3 billion. Parallel Market Rates: In the parallel market, the naira opened at N1,668.33 against the dollar, fluctuating between a high of N1,672.50 and a low of N1,668.33 before closing at N1,670.74.
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