FX

NACCIMA kicks over CBN’s ban lift on FX access for importation

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has condemned the lifting of the foreign exchange…

8 months ago

CBN settles FX transactions, clears $7bn backlogs

The Central Bank of Nigeria (CBN) has cleared all valid foreign exchange backlogs of $7 billion. This was disclosed by…

8 months ago

Atiku: Tinubu’s FX policy put together without plans, consultations

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, says the foreign exchange (FX)…

9 months ago

CBN pays foreign airlines $61.64m FX backlog

The Central Bank of Nigeria (CBN) says it has disbursed approximately $61.64 million to foreign airlines through various banks, in…

10 months ago

Naira exchanges at N1,043 against dollar at FX market

The naira, on Thursday, continued to suffer depreciation against the dollar as it exchanged at N1,043.09 at the official foreign…

10 months ago

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…

12 months ago

FG plans new forex rules, projects N650 ‘fair price’ before December

Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has projected that the true value of naira…

1 year ago

Murray-Bruce: Why naira loses value in FX market

Former senator, Ben Murray-Bruce, has urged Nigerians to buy locally-made products to make the naira gain more value in the…

1 year ago

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…

2 years ago

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