Tag: Foreign Exchange
Experts laud Afreximbank, UBA, NNPC over $3.3bn FX intervention
Efforts to boost Nigeria’s foreign exchange liquidity, especially the release of $2.25 billion FX support facility by the African Export-Import Bank (Afreximbank) have been...
Saudi govt to invest in Nigeria’s refineries, support CBN’s FX reforms
Saudi Arabian government has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to sustain the foreign exchange...
Tinubu to business owners: My govt’ll improve foreign exchange liquidity
President Bola Tinubu says his government has been making crucial arrangements to improve foreign exchange liquidity, noting that his administration is aware of the...
CBN lifts forex ban on rice, cement, toothpicks, poultry products, others
The Central Bank of Nigeria (CBN) has lifted the ban placed on all 43 items previously restricted from purchasing Foreign Exchange to boost liquidity...
First Bank extends FX school fees processing to 16 weeks
First Bank has declared that international school fees and upkeep requests through Form A will now be processed within 16 weeks.
First Bank noted that...
Fidelity Bank drives Non-Oil Exports awareness in North-Central
Governor Simon Lalong of Plateau State has stated that the nation stands to gain a lot in terms of expanding its foreign exchange earning...
