When the Naira is on a free-fall
One of the basic principles of economics that was ingrained in my…
CBN restates commitment to boost liquidity in FOREX market
The Central Bank of Nigeria (CBN) has said that it will continue…
Atedo Peterside backs CBN on removal of FX restriction on 43 items
Atedo Peterside, the founder of Stanbic IBTC Bank Plc and Anap Foundation,…
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…
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…
CBN stops banks from utilising naira devaluation gains
The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs)…
Naira strengthens, trades at N736/$ at I&E window
The naira, on Thursday, appreciated to N736.62 per dollar at the investors…
Why we can’t break NNPCL monopoly on petrol import, by marketers
Lack of access to foreign exchange (forex) and price control have forced…
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…
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…