Business operations in Nigeria and other Sub-Saharan African (SSA) countries have been hampered by import restrictions and foreign exchange shortages, the International Monetary Fund (IMF) has...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled3,The Central Bank of Nigeria (CBN)...
The Federal Government, on Sunday, said it is committed to bringing down inflation, stabilising foreign exchange rates, tackling insecurity, and creating a truly enabling environment for...
The Federal Government is set to introduce new rules for the foreign exchange market and also crackdown of illegal trading of currency by the end of...
The founder of Erisco Foods Limited, Eric Umeofia, has alleged that there are racketeers that determine who gets foreign exchange from the Central Bank of Nigeria...