Naira watch, Emirates Airlines resumption... 7 business stories to track this week

Keyamo said the first announcement over the proposed resolution between the United Arab Emirates and Nigeria was hastily done — dismissing claims that it was fake news.

The development comes less than a month after the announcement of the second dollar allocation to BDCs on March 25. On March 10, the financial institution said the local currency would appreciate to N1,200 per dollar within the next 12 months. The businessman said reducing the cost of diesel from N1,650 to N1,200 would make a lot of difference, potentially helping to immediately lower inflation rates.OPEC disclosed this in its monthly oil market report released on April 11.

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Dollar to Naira Black Market Exchange Rate (April 9, 2024)CBN's new policy impacts the Dollar to Naira exchange rate, with black market values dipping below official rates. Stay updated on this surprising currency shift.
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