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Forex crisis worsens airlines woes

Forex crisis worsens airlines woes
hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.

Kamil al awadhiAl awadhiSheri kyariChris najomoBabatunde adenijiObiora okonkwoInternational air transport associationInternational oil companies iocsAirlines doNigeria civil aviation authorityNational bureau of statisticsCentral bankNational association of aircraft pilotsPersonal travel allowanceBusiness travel allowanceInternational oil companies

Nigeria: Air Fares - Fears Mount Over Likely Shutdown As Tickets Price Rises

Nigeria: Air Fares - Fears Mount Over Likely Shutdown As Tickets Price Rises
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Chris najomoRoland iyayiTunde moshoodBabatunde adenijiFestus keyamoNigerian airspace management agencyNational bureau of statisticsAirline operators of nigeriaAerospace developmentNigeria civil aviation authorityFederal governmentNational bureauTransport fare watchActing director generalCaptain chris najomoAirline operators

Naira appreciates against dollar at official, parallel markets

Naira appreciates against dollar at official, parallel markets
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United statesOlayemi cardozoKelvin osa okunborOlayemi cardosoSalisu mohammedBabatunde adenijiInstitute of bankers nigeriaBank monetary policySecurities exchangeBureau de changeCentral bankNigerian autonomous foreign exchange marketOsa okunbor novemberMonetary policy thrustEconomic outlookChartered institute

Nigeria s Naira Continues Recovery Against Dollar At Official, Parallel Markets

The Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window, has shown that the naira, on Friday, continued its recovery against the United States dollar. The naira recovered to N794.89/$1, after a two-day slump in the official market. According to data from the FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, the rate represents a recovery of 16.88% from the N956.33 it recorded on Thursday.

United statesOlayemi cardosoBabatunde adenijiOlayemi cardozoJamiu abdullahiA bureau de changeCentral bankInstitute of bankers nigeriaSecurities exchangeBank monetary policyNigerian autonomous foreign exchange marketBureau de changeMonetary policy thrustEconomic outlookChartered instituteInvestigative reporting

At N1,155/$1, Naira Appreciates At Parallel Market

The Naira sustained its appreciation against the United States Dollar at the parallel market as it appreciated on Friday, from N1,160 to N1,155.

United statesBabatunde adenijiNigerian autonomous foreign exchange marketUnited states dollar