Olabode Agusto, founder, Agusto & Co, a credit rating agency, has advised the Central Bank of Nigeria (CBN) to adopt a “crawling peg” to manage the country’s foreign exchange. A
Tag "Foreign exchange"
Henry Ikoh, a ministerial nominee, has advised the federal government to establish modular refineries in Nigeria Delta communities to help boost Nigeria’s petrol supply chain. The development comes amid the
As 2021 draws the curtain to usher in 2022, it is important to look at some of the events that impacted the economy. While many Nigerians believe that nothing can
Xola Collective, a not-for-profit, non-partisan think tank organisation, has commended the Central Bank of Nigeria (CBN) for its intervention programmes. The group said in a statement issued over the weekend.
The Economic and Financial Crimes Commission (EFCC) has warned banks against selling foreign exchange (FX) to customers with no intention
The Association of Bureaux De Change Operators of Nigeria (ABCON) says a recent decision by the Central Bank of Nigeria
The Central Bank of Nigeria (CBN) says foreign exchange (FX) utilisation for food importation dropped by half in January. The
The Lagos Chamber of Commerce and Industry (LCCI) says majority of Nigeria’s borrowings are not tied to assets and specific
The year 2020 was challenging for manufacturers of consumer goods as firms across the globe grappled with the negative impact
Oil prices touched their highest level since March on Thursday, as hopes of swifter-than-thought vaccine rollout fueled bullish expectations of
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