There are indications that Nigerian banks will face even tougher times sourcing forex in the coming months, following the latest warning issued by the country‘s banking regulator. Governor of the Central Bank
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Scarcity of aviation fuel, also known as Jet A1, in the northern region of Nigeria has pushed the price to N800, circling back to the level it was at the end of
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November 3, 2022, Dollar Rate: The dollar rate in the black market fell below N1000 on Thursday, as Bureau De Change operators told Prime Business Africa that they are still struggling to
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The Vice President, Yemi Osinbajo, has proffered solution to the dollar scarcity in Nigeria, advising for synergy between fiscal and monetary policy, amid depreciation of naira. In a statement obtained by Prime
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The Nigeria National Petroleum Company (NNPC) Limited has been blamed by the Central Bank of Nigeria (CBN) for scarcity of dollar and depreciation of the naira in recent weeks. Nigeria’s financial regulator
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