By Dipo Olowookere Over a year ago, the Central Bank of Nigeria (CBN) announced that it was coming up with an initiative designed to attract $200...
By Adedapo Adesanya The Naira closed weaker against the United States Dollar at the Peer-to-Peer (P2P) window of the foreign exchange market on Wednesday, October 19...
By Adedapo Adesanya The Association of Licensed Telecommunications Operators of Nigeria (ALTON) said its members have had difficulty accessing foreign exchange (FX) since the beginning of...
By Aduragbemi Omiyale The current foreign exchange (FX) scarcity will worsen if the Central Bank of Nigeria (CBN) does nothing about the wide gap between the...
By Dipo Olowookere One of the leading airline operators in Nigeria, Aero Contractors, has announced the indefinite suspension of its operations, citing the rising cost of...
By Aduragbemi Omiyale Governor Babajide Sanwo-Olu of Lagos State has advised the federal government to intensify its efforts to scale up Nigeria’s exports in order to...
By Adedapo Adesanya The Naira depreciated by 0.12 per cent or 50 kobo on Monday, June 6 at the Investors and Exporters (I&E) segment of the...
By Adedapo Adesanya More pressure is pilling on the Naira at the Peer-2-Peer (P2P) segment of the foreign exchange (forex) market amid a shortage in foreign...
By Adedapo Adesanya The Major Oil Marketers Association of Nigeria (MOMAN) has blamed the ongoing hostilities between Russia and Ukraine coupled with foreign exchange (forex) scarcity...
