The Naira’s Rebound: Is the Worst Over? by Techeconomy November 10, 2023 0 Finance The Naira has been volatile in recent months due to dollar shortages caused by the exit of foreign investors during ... Read more
Naira Hits All-time Low, Exchanges 1,190/$ by Techeconomy October 23, 2023 0 Finance The naira has maintained its downward trend as scarcity of the dollar bites harder. At the parallel market, naira commenced ... Read more
Nigeria’s Foreign Exchange Reforms Expected to Boost Capital Importation in 2023 by Justice Godfrey Okamgba July 18, 2023 0 Finance As a result of recent foreign exchange management reforms by the Nigerian government, analysts at Afrinvest have projected a base ... Read more
Airtel Reacts to Changes in Nigerian FX Market, says it will Ease US Dollar Access by Justice Godfrey Okamgba June 20, 2023 0 Commerce Airtel Africa has responded to the Central Bank of Nigeria's move to promote a free-floating foreign exchange market, stating that ... Read more
Naira’s Depreciation to N770.38/$ in I&E Window Reflects Demand Pressure by Justice Godfrey Okamgba June 20, 2023 0 Finance Naira experiences a decline to N770.38 per dollar in the Investors and Exporters (I&E) window due to increased demand for ... Read more
CBN’s New Guidelines: FX for Medical, School Fees, BTA by Justice Godfrey Okamgba June 19, 2023 0 Finance The Central Bank of Nigeria (CBN) issued additional guidelines for individuals seeking foreign exchange for medical expenses, school fees, and ... Read more
How Much Naira is 30 Pieces of Silver in Today’s Market? by Justice Godfrey Okamgba April 8, 2023 0 Finance The Easter holiday is currently on and being observed in many nations across the globe. It is a time to ... Read more
Fintech Company Kora Unveils Dollar Payment Option for Merchants by Justice Godfrey Okamgba April 3, 2023 0 Finance Pan-African payment infrastructure company, Kora has launched a dollar payment option on its platform to ease dollar transactions for merchants. ... Read more
Banks Make Adjustments on PTA/BTA Requests as Foreign Reserves Shrink by Justice Godfrey Okamgba March 15, 2023 0 Finance Nigerian banks have informed their customers that the processing time for obtaining forex for international school fees may be increased ... Read more
Pressure Heightens as Naira Crashes to N730/$ at Black Market by Justice Godfrey Okamgba September 29, 2022 0 Finance The value of the Nigerian Naira plunged to a new record low on Thursday morning, trading at a minimum of ... Read more
First Bank, IMF, Seek Unified Exchange Rate for Nigeria by Justice Godfrey Okamgba September 27, 2022 0 Finance For the purpose of bolstering Nigeria's macroeconomic economy and external reserves, the International Monetary Fund (IMF) has advocated for a ... Read more
World Bank Tasks Nigerian Government to Synchronize Exchange Rates by Yinka Okeowo September 2, 2022 0 Finance President Malpass encouraged a decisive move toward exchange rate unification and stabilization by Nigeria, highlighting the economic benefits for the ... Read more
Lawmakers Summon CBN Governor as Dollar Hits N700 by Yinka Okeowo July 27, 2022 0 Finance “The time has come for us to look holistically into what is happening. What is happening to the dollar is ... Read more
Operators Woo CBN for Partnership to Save Forex Market from Instability by Yinka Okeowo June 10, 2022 0 Finance CBN to implement market-friendly policies that will make the BDCs impact more positively in the market and promote exchange rate ... Read more
