Tag: foreign exchange

When the Naira is on a free-fall

One of the basic principles of economics that was ingrained in my

Kazeem Akintunde Kazeem Akintunde

CBN restates commitment to boost liquidity in FOREX market

The Central Bank of Nigeria (CBN) has said that it will continue

Adebari Oguntoye Adebari Oguntoye

Atedo Peterside backs CBN on removal of FX restriction on 43 items

Atedo Peterside, the founder of Stanbic IBTC Bank Plc and Anap Foundation,

Adebisi Aikulola Adebisi Aikulola

Suppliers may not accept letters of credit’ – PwC says FX backlog to affect Nigeria’s import

The inability of the Central Bank of Nigeria (CBN) to meet foreign exchange

Adebari Oguntoye Adebari Oguntoye

Naira falls to N930/$ at parallel market as BDCs lament dollar scarcity

The naira, on Wednesday, depreciated to N930 per dollar at the parallel section

Adebari Oguntoye Adebari Oguntoye

CBN stops banks from utilising naira devaluation gains

The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs)

Friday Ajagunna Friday Ajagunna

Naira strengthens, trades at N736/$ at I&E window

The naira, on Thursday, appreciated to N736.62 per dollar at the investors

Kayode Ogundele Kayode Ogundele

Why we can’t break NNPCL monopoly on petrol import, by marketers

Lack of access to foreign exchange (forex) and price control have forced

Kayode Ogundele Kayode Ogundele

Wale Edun speaks on the economy, says ‘last time FX rate was stable was a decade ago’

Wale Edun, minister of finance and coordinating minister of the economy, says

Adebari Oguntoye Adebari Oguntoye

KPMG downgrades Nigeria’s economic growth forecast to 2.65% in 2023

KPMG has adjusted its growth forecast for the Nigerian economy to 2.65 percent

Adebari Oguntoye Adebari Oguntoye