The Naira was at a record low against the dollar on Thursday, depreciating to nearly N550 at the unofficial market from N530 at last week’s close as demand for the greenback from importers continues to bump up against scarce market liquidity. Checks in Kano revealed the record high forex rate[Read More…]
Tag: forex
New Electricity Tariff Hike Will Reflect Inflation, Forex Rates — NERC
The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff hike would not affect customers being served less than an average of 12hrs of supply per day. NERC said some service bands have been adjusted by NGN2.00 to NGN4.00 per kWhr to “reflect the partial impact of inflation[Read More…]
CBN may restrict forex for importation of hand sanitisers – Emefiele
Hand sanitisers and other anti-viral protective and hygiene products may soon be included in the list of items the Central Bank of Nigeria (CBN) has banned from accessing foreign exchange for their importation. The CBN governor, Godwin Emefiele, announced on Wednesday in Abuja that this was part of decisions being[Read More…]
Consumer TV
Danger of mobile phone in the kitchen
It’s dangerous using mobile phone in the kitchen
