Tag: FX
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CBN releases operating guidelines for its R200 policy
The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy.
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Fidelity Bank Reaffirms Support For CBN’s New FX Policy Push, Targets Improved Diaspora Remittance Inflows
Fidelity Bank Plc, a leading Nigerian bank has restated its readiness to continually support the Central Bank of Nigeria’s (CBN) efforts to engender sustainable economic development by significantly improving diaspora remittances and foreign exchange (FX) inflows into the country. Fidelity Bank CEO, Mrs. Nneka Onyeali-Ikpe who made this known on Saturday at the inaugural edition…
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Telcos pressure NCC revisits suspended Data Floor Price
Telecommunications operators have urged Nigerian Communications Commission (NCC) to as a matter of urgency revisit the suspended data floor price in order to save them from distress. Data Floor Plan Price is a partial price control measure, which is the lower limit price to check unhealthy but foster healthy competition among players. The price floor…