FX allocation

FG to Prioritise FX Allocation to Egbin Power, Others

March 29, 2024

By Adedapo Adesanya The Minister of Power, Mr Adebayo Adelabu, has disclosed that the federal government was working to gradually offset the debt owed

Economy

FX Allocation Probe: Dangote Promises to Cooperate With EFCC

January 7, 2024

Aduragbemi Omiyale

By Aduragbemi Omiyale Dangote Industries Limited has promised to assist the Economic and Financial Crimes Commission (EFCC) with its investigation into the allocation of

Banking

Banks Ask Customers to Increase Funds in Naira Accounts for FX Allocation

June 19, 2023

Dipo Olowookere

By Dipo Olowookere Many deposit money banks (DMBs) have asked their customers to increase the funds in their Naira accounts to enable them to

Economy

Banks Insist No Tax Clearance Certificate, No FX Allocation for BTA, Others

June 1, 2023

Modupe Gbadeyanka

By Modupe Gbadeyanka Commercial banks operating in Nigeria have maintained that they would not allocate foreign exchange (FX) to any customer who refuses to

Banking

Access Bank to Only Approve 2 PTA/BTA Requests Yearly from 2023

November 6, 2022

Aduragbemi Omiyale

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

Economy

CBN Vows to Meet FX Demands of SMEs, Investors, Travellers

June 8, 2021

Adedapo Adesanya

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has vowed to increase foreign exchange (FX) allocation to banks for Small and Medium Enterprises

Suggestions

FG to Prioritise FX Allocation to Egbin Power, Others

FX Allocation Probe: Dangote Promises to Cooperate With EFCC

Banks Ask Customers to Increase Funds in Naira Accounts for FX Allocation

Banks Insist No Tax Clearance Certificate, No FX Allocation for BTA, Others

Access Bank to Only Approve 2 PTA/BTA Requests Yearly from 2023

CBN Vows to Meet FX Demands of SMEs, Investors, Travellers

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