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Naira Traded for N1,072 Against the Dollar at the Official Market on Wednesday
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednes...
Fidelity Bank Plc Proposes 60 Kobo per Share for 2023 FY
For the 2023 fiscal year, Fidelity Bank's directors have proposed paying shareholders a final dividend of 60 kobo per share. This represents a 20% increase over the dividend payment of 50 kobo last ye...
Naira Ranks as Best Performing Currency as It Continues to Appreciate - Goldman Sachs
It was reported on Sunday that the country's local currency (naira) increased against the US dollar, breaking through key resistance levels to trade below N1,000 in certain black market segments.This ...
Nigeria Loses N720 Billion Following Oil Production Decline
According to a recent report, Nigeria lost over N720 billion in revenue in February and March 2024 due to its crude oil production declining month after month.It was also announced that Nigeria missed...
Naira Trade Against the Dollar for N1,262 on Wednesday
A recent report revealed that the naira has continued to strengthen against the US dollar as it re-recorded a positive move on Wednesday, much to the delight of Nigerians, both at the official foreign...