Category: AbokiMallamFx News

AbokiMallamFx News

Naira reverses slide, exchanges for 420/$, speculators count losses.
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Naira reverses slide, exchanges for 420/$, speculators count losses

Higher fuel prices effect of falling naira - PPPRA
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Again, Nigeria hikes fuel pump price to N152 per litre

NNPC remittance to Federation Account reaches N1.87trn in one year
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NNPC remittance to Federation Account reaches N1.87trn in one year

Ghana Justifies $1m Levy on Nigerian Traders
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Ghana Justifies $1m Levy on Nigerian Traders

Nigeria's foreign reserves rise by $70m in one week
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Nigeria’s foreign reserves rise by $70m in one week

Nigeria capital imports drops 79% in second quarter as economy shrinks
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Nigeria capital imports drops 79% in second quarter as economy shrinks

Nigeria Increases Electricity Tariff By Over 50% again
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South Africa worst power cuts on record is 2020, research shows

How to get cheap funds for SMEs
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How to get cheap funds for SMEs

CFA gains by 108% against Naira
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CFA gains by 108% against Naira

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Reversing United States visa ban will take enormous resources – Buhari

Former Angola President's son sentenced to 5 yrs jail over graft
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Former Angola President’s son sentenced to 5 yrs jail over graft

Russia registers Coronavirus vaccine, as Putin's daughter gets inoculated
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Russia registers Coronavirus vaccine, as Putin’s daughter gets inoculated

Twitter indicates interest in TikTok acquisition
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Twitter indicates interest in TikTok acquisition

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Nigeria generated N651.77bn from VAT in H1 2020- NBS

Nigeria goes into second recession in five years
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Fund BDCs to save Naira – Sanusi advises CBN

Rand drops to 10-week low, may drop further.
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Rand drops to 10-week low, may drop further

MTN Nigeria gets new CEO as Ferdi Moolman stands down
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MTN prepares to sell stake in Jumia

Nigeria owes China total of $3.1bn – DMO
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Nigeria owes China total of $3.1bn – DMO

ABCON says N386/$ new exchange rate not sustainable
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Naira remains stable at $/N474 at parallel forex market

Steinhoff of South Africa offers $1 bln to settle global lawsuits
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Steinhoff of South Africa offers $1 bln to settle global lawsuits

IMF board to consider South Africa financing aid - spokesman
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IMF board to consider South Africa financing aid – spokesman

NDDC Probe: IMC to refund N4.923bn alleged illegal payments to staff, contractors
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NDDC Probe: IMC to refund N4.923bn alleged illegal payments to staff, contractors

No revenue generated from luxury item tax for Nigeria
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No revenue generated from luxury item tax for Nigeria

July 2020 bonds oversubscribed by N340bn- DMO
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July 2020 bonds oversubscribed by N340bn- DMO

Nigeria reviews logistics, courier services operations
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Nigeria reviews logistics, courier services operations

NSITF management embezzled N48bn, awarded fake contracts -Ngige
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NSITF management embezzled N48bn, awarded fake contracts -Ngige

FIRS clarifies stamp duty charges, lists eligible transactions
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FIRS clarifies stamp duty charges, lists eligible transactions

South Africa to get 4.5m doses of Covid-19 Vaccines from Pfizer by June
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Two UK Coronavirus Vaccine Trials Show Positive Sign

Nigerian banks lend N3.3 trillion in June
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Nigerian banks lend N3.3 trillion in June

Access Bank completes acquisition of Kenyan Bank, Transnational Bank Plc
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Access Bank completes acquisition of Kenyan Bank, Transnational Bank Plc

Chainlink now top 10 most valuable cryptocurrency in the world
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Chainlink now top 10 most valuable cryptocurrency in the world

ABCON says N386/$ new exchange rate not sustainable
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Aggregate forex inflow rises 118% to $20.5bn in 2 months