South Africa’s Rand Firmer As Investors Await Next Week’s Budget
abokimallamfx “At 1545 GMT, the rand was 0.86% firmer at 14.5720 per dollar compared to a close of 14.6950 overnight in New York. South Africa’s rand firmed against the dollar on…
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Foreign Investment In Capital Market Rises To N326bn
The value of foreign investment in the nation’s capital market has grown to N326bn in nine months. “Data obtained from the Nigerian Stock Exchange showed that the foreign inflow hit…
We Didn’t Ask MTN To Charge For USSD – Banks
Commercial banks on Monday denied instructing MTN to deduct charges for USSD. In an advertorial, the lenders, acting under the aegis of Body of Bank CEOs said its attention had…
Pound Drops Against Dollar, Euro Due To UK Lawmakers Brexit Timetable Rejection
Pound Falls Against Dollar, Euro After UK Lawmakers Reject Brexit Timetable The British pound fell against the dollar and the euro after UK lawmakers on Tuesday rejected the government’s proposed…
September 2019 Exchange Rate
At AbokiMallamFx.com our objective is to make the ease of doing business anywhere in the world with Nigeria easier. Aboki Mallam Fx will keep you updated with the happenings as…
Nigeria Needs Unified Exchange Rate
Nigeria Operates A Multiple Exchange Rate Regime, Which The Central Bank Of Nigeria (Cbn) Has Defended. But The International Monetary Fund (Imf) Has Faulted The Multiple Exchange Rate Regime And…
How Nigeria Got Hit With A $9.6 Billion Gas Deal Judgment Debt In A UK Court
Nigeria has received a legal hiding after a UK court awarded a private company a $9.6 billion judgment debt against the West African nation. The ruling has generated significant attention…
Russia To Help Nigeria Revamp Ajaokuta Steel
The Federal Government has intensified efforts at ensuring that sections of the Ajaokuta Steel Company Limited start production before the end of 2019, Minister of Mines and Steel Development, Olamilekan…