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Tag: dips

Business
Nigeria's oil production dips to 1.29mbpd as global prices rise

Nigeria’s oil production dips to 1.29mbpd as global prices rise

August 11, 2023November 20, 2024 AGS

Nigeria’s oil production took a hit in July, dropping to 1.29 million barrels per day (bpd), as revealed by data from the Nigerian Upstream Petroleum Regulatory Commission. This decline of 12.56 percent from June’s 1.48 million bpd and 1.52 percent … Continue reading Nigeria’s oil production dips to 1.29mbpd as global prices rise

Business
Naira dips to N774.8/$ at I&E window and N897/$ at parallel market

Naira dips to N774.8/$ at I&E window and N897/$ at parallel market

August 7, 2023August 7, 2023 AGS

The Nigerian naira concluded Monday’s trading at N774.78 against the US dollar in the investors and exporters (I&E) window, representing a decline of N31.71 or 4.27% compared to its Friday rate of N743.07. Data sourced from the FMDQ Securities Exchange, … Continue reading Naira dips to N774.8/$ at I&E window and N897/$ at parallel market

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