Weak Naira Drives Nigerians to AI Training Jobs as Demand for Human Feedback Grows
The depreciation of the naira and persistent pressure on real wages are prompting a growing number of Nigerian professionals to ...
Tag: naira
Stakeholders Oppose Dangote Refinery’s Dollar Pricing for Fuel, Warn of Higher Costs
Nigeria’s downstream petroleum sector has been thrown into fresh debate after Dangote Petroleum Refinery introduced the sale of petroleum products ...
Dangote Refinery Dollar-Only Sales Raise Petrol Ex-Depot Prices, Viral ₦1,250 Claim Debunked
The Dangote Petroleum Refinery has commenced the sale of refined petroleum products exclusively in US dollars, ending naira-denominated transactions from ...
Petrol Import Cost Jumps 15% as Middle East Crisis Raises Global Oil Prices
Nigeria’s petrol import cost increased by about 15 percent within two weeks following renewed tensions in the Middle East, which ...
Naira Holds at N1,382/$ as Nigeria’s External Reserves Surpass $51 Billion
The Nigerian naira traded largely unchanged at N1,382.33 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, ...
Naira Falls to N1,381/$ Despite Nigeria’s FX Reserves Rising to $51.7bn
The naira extended its decline against the US dollar at Nigeria's official foreign exchange market during the week ended Friday, ...
Nigeria’s Stock Market Becomes the World’s Best Performer in Dollar Returns
Nigeria’s stock market has emerged as the best-performing equity market in the world this year when measured in dollar returns, ...
CBN Warns Businesses Against Rejecting Standard ₦100 Banknotes
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutions against rejecting the standard ...
Naira Weakens Despite Reserves Hitting 17‑Year High
Nigeria’s foreign exchange market remained under pressure last week, with the naira depreciating in the official window even as the ...
Oil Exports Push Nigeria’s Current Account Surplus to $4.98 Billion
Nigeria recorded a current account surplus of $4.98 billion, underscoring the pivotal role of crude oil exports in supporting the ...
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