Monday, August 15, 2022
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Tag "Naira depreciation"

‘Desist or risk arrest’– EFCC vows to clamp down on FX hoarders in Lagos, Kano

    ‘Desist or risk arrest’– EFCC vows to clamp down on FX hoarders in Lagos, Kano

Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), says the agency will go after persons and organisations hoarding foreign currencies, especially dollars, across the country. According to

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Naira slides 0.5% to N581/$1 at parallel market

    Naira slides 0.5% to N581/$1 at parallel market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market. The figure is lower by N3 or 0.5 percent from the N578 it

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