By Adedapo Adesanya The Minister of Power, Mr Adebayo Adelabu, has disclosed that the federal government was working to gradually offset the debt owed Nigeria’s largest...
By Aduragbemi Omiyale Dangote Industries Limited has promised to assist the Economic and Financial Crimes Commission (EFCC) with its investigation into the allocation of foreign exchange...
By Dipo Olowookere Many deposit money banks (DMBs) have asked their customers to increase the funds in their Naira accounts to enable them to receive the...
By Modupe Gbadeyanka Commercial banks operating in Nigeria have maintained that they would not allocate foreign exchange (FX) to any customer who refuses to submit a...
By Aduragbemi Omiyale Access Bank has announced that from January 2023, customers who require foreign exchange (FX) allocation for Personal Travel Allowance/Business Travel Allowance (PTA/BTA) would...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has vowed to increase foreign exchange (FX) allocation to banks for Small and Medium Enterprises (SMEs), investors...