Import tariffs and export excise duties have gone up after the Nigeria Customs Service began implementation of a new foreign exchange policy introduced by the Central...
By Odunewu Segun Non-oil exporters have described the Central Bank of Nigeria’s forex policy as a mess, saying that the interventions stimulates the importation of materials...
The directives by the Central Bank of Nigeria directing banks to start selling dollars for invisibles transactions such as personal travel allowance, business travel allowance, school...
By ANDREW OJIEZEL Tomato Union of Nigeria (TUN) has proffered alternatives to the Central Bank of Nigeria (CBN) over the inclusion of tomato paste triple concentrate...
By Odunewu Segun The naira has continued to strengthen in the parallel market, going for N460/$, its highest level in more than three months, following the...
By Odunewu Segun The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria (CBN) had forced a...
By Odunewu Segun Investors have described Nigeria’s latest efforts to tweak its exchange rate policy as another bungled attempt by the Central Bank of Nigeria to...
Following last Thursday’s directive by the National Economic Council (NEC) for immediate review of the FOREX policy to stem the widening gap between the inter-bank foreign...
By Odunewu Segun The naira which hit the N500 to a dollar mark at the parallel market during early trading hours on Monday, picked two points...
By Odunewu Segun The Governor of the Central Bank of Nigeria, Godwin Emefiele has defended the apex bank’s forex policy, arguing that policies were made in...
