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…
NGX mulls dollar-denominated bond, stock listings to boost FX liquidity
The Nigerian Exchange Limited (NGX) has disclosed its proposal to allow companies…
Foreign exchange loss slashes MTN’s profit by 68% to N27bn in Q2
MTN Nigeria Plc was hit by a foreign exchange (FX) loss of N126.8…
CBN introduces FX price verification system portal for importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX)…
Naira appreciates to N890/$ at parallel market
The naira, Nigeria’s legal tender, is currently trading at N890 per dollar…
Naira slides further, exchanges for N871/$ at parallel market
The Nigerian naira, on Monday, weakened to N871 per US dollar at…
EIU predicts reversal of FX unification policy, says ‘CBN lacks experience to manage naira float’
The Economist Intelligence Unit (EIU), an arm of The Economist of London,…