FG To Automate Forex Transactions As Naira Slumps To 1,220/Dollar
To end the widespread arbitrage and penalise naira speculators, the federal government on Tuesday revealed plans to automate transactions throughout ...
Tag: Foreign Exchange
FG Plans $10bn To Stabilise Naira, Eyes NNPCL For Forex
President Bola Tinubu has reassured Nigerians and investors that efforts are underway to increase the nation's foreign exchange (Forex) liquidity. ...
Forex Crisis: CBN Increases Dollar Supply, Lifts Ban On Cement, 42 Items
In addition to lifting the prohibition on 43 commodities previously ineligible for forex in the official market, the Central Bank ...
7 Currencies Valued More Than U.S. Dollars
Regarding currencies, the terms "price" and "value" have distinct meanings. The price of a currency is the rate at which ...
Forex Worsen In Nigeria As Naira Crosses N1,000/$
The foreign exchange (forex) crisis in Nigeria worsened on Thursday as a dollar exchanged for over N1,000 at the parallel ...
