Despite Investing N61bn To Expand Operations, Nestle Nigeria Records Worst Loss…
Nestle Nigeria has recorded N79bn loss after tax despite heavy investment to improve profitability and expand its…
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Browsing Tag
FOREX
Forex: FG Investigating Those Involved In Illegal Activities, Sabotage-…
The Minister of Information and National Orientation, Mohammed Idris has disclosed that the government has been…
CBN Removes 2.5% Spread On FX Transaction, Reintroduces ‘Willing Buyer,…
The Central Bank of Nigeria has removed the spread it placed on foreign exchange transactions barely seven months…
No Plan To Convert $30bn Domiciliary Account Deposits To Naira— CBN
The Central Bank of Nigeria has denied reports that it planned to convert a $30bn domiciliary deposit to naira.
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CBN Releases Circular To Check Excessive Forex Speculation, Hoarding By Banks
…Harmonises Reporting Requirements On Foreign Currency Exposures For Banks
In a bid to check suspected cases of…
Naira Crashes To N1,390 Per Dollar After CBN Governor’s Forex Comment
The naira has crashed to N1,390 per dollar at the Bureau de Change segment of the foreign exchange market after…
‘Naira Is Undervalued’— CBN Gov Unveils Forex Initiatives For 2024
The Central Bank of Nigeria has unveiled some of the policy directives that will boost foreign exchange inflow and…
JUST IN: CBN Uncovers ‘Gross Abuse’ Of Forex Regulations, Set To Prosecute…
The Central Bank of Nigeria has uncovered gross abuse and significant non-compliance with the nation’s foreign…
Borrowing Dollars To Defend Naira Will Not Solve Forex Crisis- Prof Uwaleke Calls…
Professor of Finance and Capital Markets Studies, Uche Uwaleke, who is one of the leading expert on the Nigerian…
BREAKING: FG To Stop Hoarding Of Dollar In Cash By Digitalizing Nigeria’s FX…
As part of efforts to address Nigeria's foreign exchange crisis, President Bola Tinubu's administration is set to…