Tag: foreign exchange
-
Plans underway to improve foreign exchange liquidity – Tinubu
President Bola Tinubu has allayed the fears of the business community, assuring that crucial plans are underway to improve foreign exchange liquidity.
-
What you need to know about CBN lifting FX restrictions on 43 items
The Central Bank of Nigeria (CBN), on Thursday, October 12, 2023, announced, among other policy issues, the lifting of foreign exchange restrictions hitherto placed on the importation of 43 items.
-
How Nigeria’s fuel subsidy removal, FX unification can translate to economic growth
The International Monetary Fund, on Friday, said for Nigeria’s fuel subsidy removal policy and foreign exchange unification initiative to translate to economic growth and stability, the Federal Government must collect more taxes to fund the national budget and pay public debts.
-
Naira depreciates at investors, exporters window
The Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window.
-
Naira ends week on negative note
The naira depreciated against the dollar on Friday as it exchanged at N778.42 at the Investors and Exporters window.
-
BREAKING: NNPC secures $3bn crude oil repayment loan to support Naira, stabilise FX market
The Nigerian National Petroleum Corporation (NNPC) Limited says it has secured a $3 billion crude repayment loan to support the Naira and provide stability for the foreign exchange market.
-
Exchange rate: Vehicles trapped in ports, importation dropped – Customs Agents lament
The Association of Nigerian Licensed Customs Agents (ANLCA) has said floating of the nation’s currency had caused a drop in vehicle importation in the nation’s ports.
-
Naira dips at investors and exporters window
The Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window.
-
Why I rejected fuel subsidy, arbitrary exchange regime – President Tinubu
President Bola Tinubu has said he will not partake in the economic destruction of the country by enemies of the nation.
-
Naira continues free fall in exchange market
The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13.