Forex: CBN to Sell $10,000 to BDCs at N1,021/$ by Techeconomy April 23, 2024 0 Finance The Central Bank of Nigeria (CBN), has resumed the sales of dollars to Bureau De Change operators (BDCs). According to ... Read more
CBN Forex Clearance Claims: Where Does the Truth Lie? by Techeconomy March 25, 2024 0 Finance It is becoming abundantly necessary, pertinent, and important for the Central Bank of Nigeria, (CBN), to be more explicit and ... Read more
Forex: Cardoso Confirms CBN Owing Five Banks by Techeconomy March 1, 2024 0 Finance Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said that foreign exchange (forex) backlogs have ... Read more
Forex Crisis: $26 billion Passed through Binance Nigeria in 12 months – Cardoso by Techeconomy February 28, 2024 0 Digital Assets Dr. Olayemi Cardoso, Nigeria’s Central Bank Governor, has stated that about $26 billion passed through Binance Nigeria in the last ... Read more
Forex Now a Major Challenge to SMEs in the 80% Import-based Medical Lab and Equipment Business – Adegbenga Ismail by Techeconomy February 16, 2024 0 Commerce Adegbenga Ismail Dare is the Chief Executive Officer of Lakelink Medical and Laboratory Limited. The company specializes in medical laboratory ... Read more
Again, CBN Adjusts Forex Rate for Cargo Clearance to N1515.09/$ by Techeconomy February 15, 2024 0 Commerce Reporter: Tobi Adetunji The Central Bank of Nigeria (CBN) has raised the forex rate for the clearance of goods from ... Read more
Forex: Banks to Implement FIRS’ Directive on eTransfer Levies Deduction From 2021 by Techeconomy January 2, 2024 0 Finance By January 31, 2024 Deposit Money Banks (DMBs) across the country will begin the deduction of outstanding Electronic Money Transfer ... Read more
FG Expecting $10bn Inflow to Clear Forex Backlog by Peter Oluka October 24, 2023 0 Finance President Bola Tinubu has reassured the investment community in Nigeria that there is an ongoing plan to boost the country’s ... 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
Lagos Under Scrutiny: EFCC Grapples with 512,876 Petitions, N317b Investment Scams by Justice Godfrey Okamgba July 13, 2023 0 News2 Nigeria's largest economy, Lagos is under scrutiny after the Economic and Financial Crimes Commission (EFCC) revealed that it is currently ... Read more
Immigration Bemoans Lack of Forex to Buy Passport Booklets by Justice Godfrey Okamgba May 10, 2023 0 Travel The Nigeria Immigration Service (NIS) says the scarcity of international passport booklets in the country is due to the lack ... Read more
Naira Redesign: An Economic or a Sociopolitical Solution? by Techeconomy December 9, 2022 0 Finance Well, the naira redesign no doubt has its share of influence on FOREX. For one, it complements the CBN policy ... Read more
CBN Should Prioritize Making Forex Available to Manufacturers by Justice Godfrey Okamgba September 6, 2022 0 Commerce The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria to prioritize the allocation of forex ... Read more
OctaFX Unveils Tunde Onakoya, Ambrose Ebuka as Brand Ambassadors by Yinka Okeowo August 25, 2022 0 Finance We want to keep the focus on their goals with investments in knowledge acquisition and charitable initiatives. Read more