The Naira depreciated on Tuesday at the parallel segment of the foreign exchange market against the U.S (United States.) dollar selling at N462 to $1 compared...
The International Monetary Fund (IMF) says foreign investors are interested in Nigeria but are afraid of forex scarcity which would make it difficult to recover...
as naira hits lowest point in history By ODUNEWU SEGUN SINCE the inception of the administration of President Muhammadu Buhari, a number of conflicting and unclear...
By Odunewu Segun The Naira at the parallel market depreciated further to N495/$ on Thursday as predicted by finance experts. They had predicted that Naira...
…CBN appoints 11 new IMTOs By Odunewu Segun The naira has fallen to an all-time low of N420 to a dollar at the parallel market earlier...
The continued scarcity of forex in the country to finance importation of PMS may likely resulted in the hike of the product’s pump price, National Daily...
Indications have emerged that the prices of kerosene and diesel may increase, as petrol marketers continued to suffer under unavailability of foreign exchange (forex scarcity), federal...
By ODUNEWU SEGUN OIL marketers may flout the new retail price band for petrol, citing the challenge of accessing of accessing forex at the parallel market....
ATM withdrawal reduces by 50%, debit master card also By Odunewu Segun Cash withdrawal from ATMs’ outside the country has been cut by 50%, from $300...