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Tag "forex"

Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

    Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he will not hesitate to prosecute and publish the names oil thieves, if he becomes president next year. Abubakar

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Cut in MDAs spending, VAT increased to 15%… inside Ghana’s $1.46bn 2023 budget proposal

    Cut in MDAs spending, VAT increased to 15%… inside Ghana’s $1.46bn 2023 budget proposal

On Thursday, Nana Akufo-Addo, president of Ghana, presented a draft of the 2023 budget to the parliament. The draft, presented by the minister of finance, contains the budget statement and

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FX scarcity: Provide bailout to manufacturing sector to prevent collapse, MAN tells FG

    FX scarcity: Provide bailout to manufacturing sector to prevent collapse, MAN tells FG

The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Naira (CBN) to allocate more foreign exchange to ease the importation of raw materials and machinery. Okwara Udensi,

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NECA: FG should reduce wastage in governance, widen tax net to revive economy

    NECA: FG should reduce wastage in governance, widen tax net to revive economy

The Nigeria Employers’ Consultative Association (NECA) says there is a need for the federal government to adopt a holistic approach to revive the economy.  Wale Oyerinde, director-general, NECA said this

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‘It takes 7 weeks now’ — UK uni asks CBN to fast-track tuition payment for Nigerian students

  ‘It takes 7 weeks now’ — UK uni asks CBN to fast-track tuition payment for Nigerian students

Manchester Metropolitan University has asked the Central Bank of Nigeria (CBN) to speed up the payment of tuition transactions (Form

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CBN automates forms for invisible transactions, non-commercial exports

  CBN automates forms for invisible transactions, non-commercial exports

The Central Bank of Nigeria (CBN) says it has automated Form A deployed for invisible transactions and NCX form, used

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Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

  Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

Zainab Ahmed, minister of finance, budget and national planning, says the fiscal authority ministry is working with the Central Bank

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Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

  Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, says his principal did not call for the devaluation of the naira. On

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Here’s what Osinbajo’s call for naira devaluation could mean for the future

  Here’s what Osinbajo’s call for naira devaluation could mean for the future

Nigeria is on auto-replay. Events of the past find a clever way of repeating themselves. Very few things that happen

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‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

  ‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the

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