Exchange rate closes N1,419.86/$1 at official market as Central Bank of Nigeria plans ‘FCY Gateway Bank’

The Naira gained against the dollar on Monday, 5th February 2024 at the both official market and the black market.
The Naira gained against the dollar on Monday, 5th February 2024 at the both official market and the black market.
For the month of December, Nigeria’s average daily crude oil production reached 1.418 million barrels from the 1.31 million barrels recorded in the month of November.
Nigeria’s inflation rate for December rose to 28.92% from 28.20% recorded in the previous month according to the latest National Bureau of Statistics (NBS) inflation report.
The Dangote Refinery has started production on Friday, January 12, 2024. The largest single-train refinery in the world started operations in the early hours of Friday.