Forex: Turnover in NAFEM falls 37% to N3.47bn

The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, declined month-to-month (MoM) by 37.4 percent to $3.47 billion in April 2024 from $5.54 billion in March 2024.…

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TARIFF HIKE: 20hours supply for band A customers under threat.

Barely one week after the new tariff regime which increased electricity tariff by 231 per cent for category A consumers, there are indications that the electricity supply capacity is grossly…

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