As Nigeria Customs Service (NCS) continues to adjust rate for calculating import duty due to fluctuations in the foreign exchange… Read More
The clearing of foreign exchange backlogs by the Central Bank of Nigeria (CBN) and the appreciation of the value of… Read More
he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75… Read More
Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) with a fixed minimum… Read More
The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit… Read More
Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the… Read More
In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The… Read More
As Nigeria continues to experience foreign exchange (forex) crisis, leading to a steep depreciation of the naira, an economic expert… Read More
The gap between the foreign exchange rates for the Naira and the Dollar in the black market and the official window… Read More
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