Tag: nigerian news

Nigeria expects $10 billion forex inflows in weeks — Minister

Nigeria expects $10 billion forex inflows in weeks — Minister

Nigeria is expecting $10 billion worth of foreign exchange in the relatively near future, the Minister of Finance and coordinating minister o [...]
FX rate disparity widens as Naira hits N1000/$1 at parallel market – The Sun Nigeria

FX rate disparity widens as Naira hits N1000/$1 at parallel market – The Sun Nigeria

By Chinwendu Obienyi The disparity between the official and parallel market rate is now very much wider than anticipated [...]
Monetary policy, FX rate, others top things-to-do list for new CBN governor – The Sun Nigeria

Monetary policy, FX rate, others top things-to-do list for new CBN governor – The Sun Nigeria

By Chinwendu Obienyi It is no longer news that Dr Olayemi Cardoso, recently nominated by President Bola Tinubu, has forma [...]
High energy cost, forex shortages, others reducing manufacturing sector’s contribution to economy – The Sun Nigeria

High energy cost, forex shortages, others reducing manufacturing sector’s contribution to economy – The Sun Nigeria

By Merit Ibe     Manufacturers have  attributed the decline in the manufacturing sector’s contribution to the economy to [...]
Illicit funds draining Nigeria’s revenue, forex reserves, says ICPC chairman – The Sun Nigeria

Illicit funds draining Nigeria’s revenue, forex reserves, says ICPC chairman – The Sun Nigeria

•Every kobo of Nigeria’s revenue’ll count –Presidency From Adanna Nnamani, Abuja Chairman, Independent Corrupt Practices [...]
Forex scarcity and matters arising – The Sun Nigeria

Forex scarcity and matters arising – The Sun Nigeria

The continued depreciation of the naira against major foreign currencies and foreign exchange shortage is an indication t [...]
Dchessking Gifts Forex Community with Zedasignal, A Free and Innovative Live Trading Platform

Dchessking Gifts Forex Community with Zedasignal, A Free and Innovative Live Trading Platform

  Ejiro Segbuyota, widely acknowledged as Dchessking, proudly presents Zedasignal, a project engineered to assist traders [...]
AfCFTA offers Nigeria opportunity to enhance cassava products for forex –NQC boss – The Sun Nigeria

AfCFTA offers Nigeria opportunity to enhance cassava products for forex –NQC boss – The Sun Nigeria

By Merit Ibe Chairman of the National Quality Council (NQC), Osita Aboloma, has said Nigeria could take advantage of the [...]
Nigeria’s FX convergence journey hits brickwall – The Sun Nigeria

Nigeria’s FX convergence journey hits brickwall – The Sun Nigeria

•Rate rises to N762,  N792 at I&E, black markets •Appoint substantive  Governor –Experts   By Chinwendu Obienyi Niger [...]
African airlines helping Nigeria mitigate $812.2m blocked fund, forex scarcity – The Sun Nigeria

African airlines helping Nigeria mitigate $812.2m blocked fund, forex scarcity – The Sun Nigeria

•More passengers dump Europe, US for Rwanda, Kenya, others   By Chinelo Obogo            [email protected] 07064781119 [...]
Manufacturers lament unavailability of forex – The Sun Nigeria

Manufacturers lament unavailability of forex – The Sun Nigeria

By Merit Ibe Weeks after the Central Bank of Nigeria (CBN) announced the unification of all segments of the foreign excha [...]
NGX expresses optimism on FG’s readiness to tackle FX constraints – The Sun Nigeria

NGX expresses optimism on FG’s readiness to tackle FX constraints – The Sun Nigeria

By Chinwendu Obienyi The Nigerian Exchange Limited (NGX) has said it is confident that the new administration will take e [...]
Banks begin collection of tax certificate on FX requests  – The Sun Nigeria

Banks begin collection of tax certificate on FX requests  – The Sun Nigeria

•Revise interest rate on savings account   By Chinwendu Obienyi   Commercial banks across Nigeria have announced that all [...]
Experts list FX squeeze, 40% TSA deduction, poor financing as blights crippling aviation sector – The Sun Nigeria

Experts list FX squeeze, 40% TSA deduction, poor financing as blights crippling aviation sector – The Sun Nigeria

  From Uche Usim, Abuja Aviation experts and other relevant stakeholders rose from the second edition of the FAAN-Nationa [...]
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