Zenith Bank says it will suspend international transactions on its naira cards from Monday, January 9, 2023. The bank said this in a recent notice to customers. In March last
Tag "Foreign exchange"
The naira, on Tuesday, declined further against the dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. A parallel market (black market) is
The National Cashew Association of Nigeria (NCAN) says the country makes N14 billion annually from exporting cashew, but there needs to be more focus on processing. Ojo Ajanaku, national president,
The Manufacturers Association of Nigeria (MAN) says the 2035 deadline to eradicate fossil fuels will strongly affect Nigeria’s economy. Fossil fuels are hydrocarbon-containing materials formed naturally in the earth’s crust
Trade is the main engine of development strategies because of the implicit benefits on job creation, expansion of markets, incomes,
Olabode Agusto, founder, Agusto & Co, a credit rating agency, has advised the Central Bank of Nigeria (CBN) to adopt
Xola Collective, a not-for-profit, non-partisan think tank organisation, has commended the Central Bank of Nigeria (CBN) for its intervention programmes.
The Economic and Financial Crimes Commission (EFCC) has warned banks against selling foreign exchange (FX) to customers with no intention