Tag: FOREX
Why Nigeria is cutting down on food importation – Osinbajo
Foreign exchange constraints and the availability of arable land in Nigeria makes the case for improved local agricultural production in Nigeria an imperative, rather...
NNPC goofed on petrol price hike – Kachikwu
Minister of State for Petroleum, Ibe Kachikwu, has said the recent N4 increase in price of petrol in Nigerian National Petroleum Corporation (NNPC) filling...
Plane crashes imminent in Nigeria – Senate
The Senate on Thursday warned of imminent plane crashes in the country if the aviation industry was not fixed immediately.
The alert followed a motion...
Group backs FG, CBN to revive economy
A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...
FirstBank now sole forex dealer to BDCs
The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorised dealer for foreign exchange proceeds to licensed Bureau de Change (BDC) operators...
How NFF became broke
The Nigeria Football Federation (NFF) is going through its worst financial crisis since its creation in 1945.
Sport commentators believe this came about as a...
Change does not begin with the president
Unpopular side with O’Yinka Ijabiyi
Twitter: @Yinkakan Instagram: @oneyinka
Spoiler alert: There are 1,500 words here and you won’t get to the end before you knock off....
Naira sold at 436 to one dollar
The Naira on Thursday crashed further against the major currencies in all the segments of the market, the News Agency of Nigeria reports.
At the...
Naira at record closing low as dollar shortages linger
The naira was stuck at a record closing low of 292.90 to the dollar on Wednesday after just one transaction was carried out, with...
Naira plummets as currency floats for first time
The naira plunged 40 percent in value on Monday after the Federal Government allowed the currency to float, with businesses welcoming the move as...