Forex
- BUSINESS
Sustainable intervention needed to stem volatility in FX market, says Economist
Dr Muda Yusuf, an Economist, has charged the monetary authorities to provide a sustainable intervention framework, to ensure the moderation…
Read More » - BUSINESS
Forex Policy: AfDB lauds Tinubu, says will promote transparency
The African Development Bank (AfDB) on Monday in Abuja commended President Tinubu’s administration for unifying the naira exchange rate saying…
Read More » - NEWS
Strengthen Naira value, to reduce surging air fairs, Passengers urge FG
Some air passengers at Nnamdi Azikiwe International Airport (NAIA), Abuja have urged the Federal Government to strengthen economic policy to…
Read More » - NEWS
Unavailability of FOREX, products responsible for fuel scarcity
The Independent Petroleum Association of Nigeria (lPMAN) has attributed the current fuel scarcity to the unavailability of petroleum products and…
Read More » - NEWS
Manufacturers challenge CBN to prioritise FOREX allocation to manufacturing
The Manufacturers Association of Nigeria (MAN) has called on the CBN to allocate more FOREX to manufacturers to allow for…
Read More » - NEWS
CBN to end sale of FOREX to banks to boost the economy
The CBN will stop the sale of foreign exchange to commercial banks before the end of the year, its governor,…
Read More » - NEWS
Emefiele tasks rice millers save Forex, create employment
Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) has urged rice mills in the country to…
Read More » - NEWS
CBN Naira Defence Depletes Foreign Reserves by $3.17bn In Q1
Forex scarcity due to falling crude oil price forced the Central Bank of Nigeria to access the country’s foreign reserves…
Read More » - BUSINESS
Breaking: CBN Governor finally Speaks on FOREX restrictions for Food Imports.
The Central Bank of Nigeria (CBN)governor, Mr. Gowin Emefiele, has finally responded to the President’s pronouncement on foreign exchange (FOREX) restriction…
Read More » - POLITICS
Buhari Explains Why He Banned Forex for Food Importation
President Muhammadu Buhari has explained why he ordered the ban of forex for the sake of food importation.
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