Tag: forex crisis

By Modupe Gbadeyanka Nigerians living in the country have been given a nine-month grace period to return all Dollar cash ...

By Adedapo Adesanya The Nigerian government may be considering a $10 billion fine on Binance, a crypto exchange platform, amid ...

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has directed authorised foreign exchange (FX) traders, particularly commercial banks, from ...

By Adedapo Adesanya A former president of Nigeria, Mr Olusegun Obasanjo, has said the country must work towards weaning itself ...

By Dipo Olowookere The foreign exchange (FX) crisis in the country took a toll on the Nigerian Exchange (NGX) Limited ...

By Adedapo Adesanya The current shortage in foreign exchange (forex) in the country has forced the Central Bank of Nigeria ...

 By Adedapo Adesanya The foreign exchange crisis continued to hit hard as the Naira further depreciated against the Pound Sterling ...

By Dipo Olowookere The foreign exchange crisis in Nigeria continued to sink deeper as the local currency further weakened against ...

By Dipo Olowookere The worsening state of the Naira and rising non-performing loans have put banks in a precarious position ...

By Modupe Gbadeyanka The Nigerian local currency exchanged at N500 to the Dollar on the parallel market on Monday morning, ...