1.0. INTRODUCTION The PPPRA products pricing template (Daily & Monthly) is a pricing information sheet detailing the components used in deriving the PPPRA daily/monthly guiding products prices. It employs Import Parity Principle and this includes; (i) Landing Cost of Products (ii) Margins for the Marketers, Dealers, and Transporters (iii) Jetty-Depot […]
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Nigerian naira gains vs dollar on oil firms forex sales
The Nigerian naira firmed against the greenback at the interbank market on Wednesday, owing to dollar sales by local units of multinational oil companies to lenders in Africa’s second biggest economy, dealers said. The local unit closed at 159.55 naira to the U.S. dollar on the interbank on Wednesday, up […]
Mortgage demand fell at year-end, purchases sag
Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday. Applications for U.S. home mortgages fell 4.1 percent in the week ended December 30, weighed down by a 9.6 percent drop in purchase […]
