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Tag "Foreign exchange (FX)"

Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

    Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

The World Bank says Nigeria’s inflation should ease in 2024 as the effects of  last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane. The Bretton Woods

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Moghalu: Export-driven economy needed to fix naira depreciation

    Moghalu: Export-driven economy needed to fix naira depreciation

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), says the naira’s value can be restored only through Nigeria’s transition into an economy driven by exports.

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‘Worldwide markets applauding FX rate unification’ — Airtel chair hails Tinubu

    ‘Worldwide markets applauding FX rate unification’ — Airtel chair hails Tinubu

Sunil Bharti Mittal, chairman of Bharti Airtel Worldwide, has hailed the decision of President Bola Tinubu to eliminate multiple foreign exchange (FX) rates. During his inaugural speech on May 29,

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Option to sue, high price tag… 5 things Nigerians should know about Starlink

  Option to sue, high price tag… 5 things Nigerians should know about Starlink

On January 31, Starlink, a satellite internet service owned by Elon Musk, was introduced in the Nigerian market. Two weeks

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First Bank to suspend int’l transactions on naira cards Sep 30

  First Bank to suspend int’l transactions on naira cards Sep 30

First Bank of Nigeria says it will suspend international transactions on its naira Mastercard from September 30. In March, financial

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