Forex scarcity

Fuel Scarcity Looms As Forex Crisis Causes 90% Depot Shutdown

Players in the downstream sector of Nigeria’s oil industry have lamented that 90 per cent of depots operated by independent… Read More

6 months ago

World Food Day, CBN And Lifting Of Forex Ban On Foodstuffs

Today is World Food Day - a day set aside by the United Nations to encourage action for the future… Read More

7 months ago

Forex Not Enough For Banks – CBN

There are indications that Nigerian banks will face even tougher times sourcing forex in the coming months, following the latest… Read More

1 year ago

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a… Read More

1 year ago

Air Peace Increases Baggage Fee To N1,000, Set New Luggage Allowance Weight

Air Peace, a Nigerian airline, has reviewed its baggage policy amid rising cost of operation, as the company seek to… Read More

2 years ago

Forex Scarcity: Foreign Investors Shun Nigerian Companies

Forex scarcity is forcing foreign investors to reduce their level of transactions in the Nigerian stock market by -37.24% between… Read More

2 years ago

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