The Central Bank of Nigeria (CBN) on Friday approved a Special Secondary Market Intervention Retail Sales…
Tag: forex
CBN’s 60% forex allocation to manufacturers a hoax, says MAN
The Manufacturers Association of Nigeria (MAN) on Wednesday described the Central Bank of Nigeria’s approval of…
Lawmakers probe CBN forex policies
The House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN) over…
CBN orders banks to sell 60% forex to manufacturers
The Central Bank of Nigeria CBN) yesterday, ordered authorised dealer banks to allocate 60 per cent…
Diesel prices to rise further as importation shrinks over forex scarcity
The rate of importation of Automotive Gas Oil (AGO), popularly known as diesel, has slowed down…
FOREX: Nigerians will continue to suffer, pending massive refining – Kachikwu
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday, blamed the continued fall…
Forex restrictions adversely affected economy, FG admits
The Federal Government on Monday lamented that the foreign exchange restrictions by Central Bank of Nigeria…
Forex: NAGAFF faults 43 % hike in import duties
The National Association of Government Approved Freight Forwarders (NAGAFF) on Friday described as hasty the recent…
Fuel importation: Forex access remains huge challenge, says Total
Total Nigeria Plc has stated that access to Foreign Exchange remains a huge challenge in its…
No forex to import petrol, oil marketers tell govt
Oil marketers on Friday in Abuja called on the Federal Government to assist them in making…
Buhari dashes importers’ hope on forex policy reversal
Importers of the 41 select items barred from the official foreign exchange market by the…