Despite CBN RT200 FX Programme, Forex Scarcity Worsens
Dipo Olowookere By Dipo Olowookere Over a year ago, the Central Bank of Nigeria (CBN) announced that it was coming…
FX scarcity
Naira Falls Against Dollar as FX Scarcity Worsens
Adedapo Adesanya By Adedapo Adesanya The Naira closed weaker against the United States Dollar at the Peer-to-Peer (P2P) window of…
Telecom Operators in Nigeria Lament FX Scarcity
By Adedapo Adesanya The Association of Licensed Telecommunications Operators of Nigeria (ALTON) said its members have had difficulty…
Gap Between NAFEX, Parallel Market Rates Will Worsen FX Scarcity
Aduragbemi Omiyale By Aduragbemi Omiyale The current foreign exchange (FX) scarcity will worsen if the Central Bank of Nigeria (CBN)…
Inflation, FX Scarcity Force Aero Contractors to Suspend Operations
By Dipo Olowookere One of the leading airline operators in Nigeria, Aero Contractors, has announced the indefinite suspension…
Nigeria Must Scale up Exports to Solve Forex Crisis—Sanwo-Olu
By Aduragbemi Omiyale Governor Babajide Sanwo-Olu of Lagos State has advised the federal government to intensify its efforts…
Naira Falls 0.12% at Spot Market as FX Scarcity Bites Harder
By Adedapo Adesanya The Naira depreciated by 0.12 per cent or 50 kobo on Monday, June 6 at…
Local Currency Crashes to N584/$1 Amid FX Scarcity
By Adedapo Adesanya More pressure is pilling on the Naira at the Peer-2-Peer (P2P) segment of the foreign…
MOMAN Blames Russian-Ukraine War, Forex Scarcity for Rising Diesel, Jet Fuel Prices
By Adedapo Adesanya The Major Oil Marketers Association of Nigeria (MOMAN) has blamed the ongoing hostilities between Russia…