The Central Bank of Nigeria (CBN) is threatening to sanction exporters who fail to repatriate foreign exchange (forex) proceeds from their businesses into the economy. CBN Director (Banking...
…. pressure on consumer prices drives inflation to 13.7% By DANLADI BATURE WITH CBN’s Nigeria’s Monetary Policy Committee (MPC)’s two days meeting starting off today, analysts...
By Odunewu Segun Manufacturing Association of Nigeria has said it is asking the Central Bank of Nigeria to sell dollars directly to its members instead of...
…calls for the review of N50 stamp duty By ODUNEWU SEGUN THE recent imposition of N50 stamp duty on Nigerians for money received into their accounts...
By CHIOMA OBINAGWAM EXPERTS have said that the naira is likely to lose more grounds to the dollar in the parallel market as a result of...
Following the persistent reduction in Nigeria’s foreign reserves as a result of strict forex restriction policies, the International Monetary Fund Managing Director, Christine Lagarde has advised...
