The monetary authority is in a good position to ease foreign exchange (FX) pressure as its coffers have been enhanced…
Browsing: Forex
The government’s lack of capacity to reduce tariffs and foreign exchange (FX) crisis will continue to give other West and…
The Central Bank of Nigeria (CBN) has stated categorically that it has no intention of converting forex in domiciliary accounts…
The Central Bank of Nigeria has warned microfinance banks against performing certain non-permissible activities, including wholesale backing and foreign exchange…
The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been…
Heavy reliance on importation and weak Naira-to-Dollar exchange rate have been blamed for the spike in aviation fuel, currently pegged…
The Financial Derivatives Company Limited has described the documentation process required by banks for the sale of foreign exchange as…
Meters Assets Providers (MAPs) operating in the Nigerian Electricity Supply Industry (NESI) have demanded an upward review of the current…
Naira gained against the U.S. dollar on Tuesday at the official market, a day after a major slip at the…
Operators in the telecommunications industry are seeking special consideration to enable them get access to more foreign exchange. Some industry…