foreign exchange

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Nigeria’s forex inflows drop to $613.80m in April, lowest in one year

The foreign exchange (forex) liquidity condition of Nigeria’s currency market took steep dive as total inflows declined to $613.80 million…

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Naira slides to N745/$ at parallel market

The naira has depreciated further against the dollar at the parallel and official sections of the foreign exchange market. Bureaux…

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Again, naira loses to dollar, exchanges at 445.83

The naira on Wednesday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.01…

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Agriculture

Naira depreciates marginally, exchanges at 445.83 to dollar

The Naira on Thursday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.12…

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Nigerian delegations push for diversification via agriculture at ECOWAS Parliament

By Linus Aleke “I have always been a big believer in diversification for anybody. It’s never good to put all…

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Forex: CBN urges Nigerians to shun speculative activities

The Central Bank of Nigeria (CBN) has advised Nigerians not to succumb to speculative activities of some players in the…

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Chamber, U.S. consulate task FG on food safety bill passage

The Nigerian-American Chamber of Commerce (NACC) and the U.S. Consulate on Wednesday in Lagos urged Nigeria to address its National…

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CBN to end sale of FOREX to banks

The CBN will stop the sale of foreign exchange to commercial banks before the end of the year, its governor,…

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Economists commend FG’s approval of NDITF, advocate conducive domestic environment

Economic experts on Thursday commended the federal government for approving the Nigerian Diaspora Investment Trust Fund (NDITF) to facilitate the…

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Buhari promises to address forex supply to manufacturers for importation

President Muhammadu Buhari has promised to take appropriate measures to improve access to foreign exchange for importation of raw materials…

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