Tag: NG

Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire L [...]
Explainer: What is pushing the Nigerian naira to record lows?

Explainer: What is pushing the Nigerian naira to record lows?

A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing RightsABU [...]
Olam Group denies allegations of multi-billion dollar forex fraud in Nigeria

Olam Group denies allegations of multi-billion dollar forex fraud in Nigeria

An Olam logo is pictured in their office in Singapore August 14, 2017. REUTERS/Edgar Su/File Photo Acquire Licensing RightsSept 11 (Reuters) - Singa [...]
Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate

Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate

ABUJA, June 2 (Reuters) - Nigeria's central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 nair [...]
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