Tag: forex
Subsidy removal and Tinubu’s $1trn economy, By UCHE NNADOZIE
By UCHE NNADOZIE
The removal of petrol and forex subsidies has indeed been a significant economic policy change, and it has stirred various opinions and...
Reps summon CBN gov for lifting forex restriction on rice, cement,...
The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, over the apex bank’s...
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...
CBN Governor: Nigeria’s inflation, forex worrisome, I’ll tackle them
The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has promised to provide transparent and focused leadership with full adherence to...
CBN unveils new guidelines for forex sale by BDCs
The Central Bank of Nigeria (CBN) has announced a series of operational mechanisms for the sale of forex by Bureau De Change (BDC) operators...
CBN unveils forex price verification portal for importers
The Central Bank of Nigeria (CBN) has announced a foreign exchange (FX) Price Verification System (PVS) portal to enable importers to access forex.
The CBN...
Naira gains by 0.04% at Investors, Exporters window
The naira on Tuesday exchanged at N461.50 to the dollar at the Investors and Exporters window.
The figure represented an appreciation by 0.04 per cent...
El-Rufai: Fuel subsidy, forex crisis’ll affect Buhari’s successor
Governor Nasir El-Rufai has declared that addressing fuel subsidy and foreign exchange challenges would affect the re-election of Nigeria’s next president.
El-Rufai stated that the...
Naira depreciates, exchanges at N446.67 to dollar
The Naira on Tuesday exchanged at N446.67 to the dollar at the Investors and Exporters window, a depreciation of 0.15 per cent, compared with...
Manufacturers seek end to forex, energy crisis
The Manufacturers Association of Nigeria (MAN) has urged the Federal Government and monetary authorities to address the foreign exchange and energy crises responsible for...
