Tag: foreign exchange

Naira to trade at N850/$ by year’s end, oil coys shouldn’t sell FX to CBN – JP Morgan

JP Morgan, a US multinational financial services firm, projected the naira would trade at

Adebari Oguntoye Adebari Oguntoye

FG to implement new FX rules for ‘fair price’ by end of 2023 – Taiwo Oyedele

Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax

Adebari Oguntoye Adebari Oguntoye

‘Dollar scarcity now scary,’ as naira slumps to N1,225/$ at parallel market

The naira, on Monday, continued its depreciation streak at the parallel section

Adebisi Aikulola Adebisi Aikulola

‘We’ll improve forex liquidity, restore market confidence’ – Tinubu assures Nigerians

President Bola Tinubu says his administration is taking steps to improve foreign

Adejoke Adeogun Adejoke Adeogun

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