Tag: market

Federal Government and Dangote Refinery Strike Groundbreaking Naira Payment Deal for Crude Supply

 QNCNEWS  October 7, 2024  0 Comments on Federal Government and Dangote Refinery Strike Groundbreaking Naira Payment Deal for Crude Supply

In a major economic development, the Federal Government of Nigeria has entered into a landmark agreement with the Dangote Refinery…

CBN Sells $543.6 Million to Stabilize Foreign Exchange Market Amid Rising Demand

 QNCNEWS  October 6, 2024  0 Comments on CBN Sells $543.6 Million to Stabilize Foreign Exchange Market Amid Rising Demand

The Central Bank of Nigeria (CBN) has reported that it sold a total of $543.6 million to authorized dealer banks…

LCCI Urges Federal Government to Implement Bold Economic Measures on Independence Day

 QNCNEWS  September 30, 2024  0 Comments on LCCI Urges Federal Government to Implement Bold Economic Measures on Independence Day

As Nigeria celebrates its 64th Independence Day anniversary, the Lagos Chamber of Commerce and Industry (LCCI) has issued a call…

Dangote Group to Transport Refined Petroleum Products by Sea

 QNCNEWS  September 30, 2024  0 Comments on Dangote Group to Transport Refined Petroleum Products by Sea

In a strategic move to enhance its distribution network and alleviate road congestion, Dangote Group has announced plans to transport…

Naira Strengthens as Dollar Supply Increases by 117% in the Forex Market

 QNCNEWS  September 21, 2024  0 Comments on Naira Strengthens as Dollar Supply Increases by 117% in the Forex Market

The supply of the U.S. Dollar and other foreign currencies surged by 117 percent at Nigeria‘s foreign exchange (FX) market…

Concerns Rages Over Potential Stock Market Crash in USA

 QNCNEWS  September 13, 2024  0 Comments on Concerns Rages Over Potential Stock Market Crash in USA

Discussions on X (formerly Twitter) have been dominated by concerns surrounding a potential #StockMarketCrash and the ongoing debate over Bidenomics,…