Naira Stabilises Against US Dollar At Parallel Market
The Naira , on Tuesday, stabilized against the United States dollar in the parallel market as it traded for N1,295/$1.
The Nigerian currency, it was gathered, closed at N1,295/$1, on…
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Despite Volatility In FX Market, Nigeria records $110.14m Daily Forex Turnover
Nigeria recorded a daily foreign exchange turnover of $110.14million in the Nigerian Foreign Exchange Market (NAFEM), on Friday, 1st. December, 2023.
The daily forex turnover recorded…
NARTO Decries Naira Depreciation , Urges FG To Promote Export Aggressively
By Roland Ekama
The Nigerian Association of Road Transport Owners (NARTO) has harped on the need for the Federal Government to encourage exportation of non oil produce in a bid…
Court Orders Final Forfeiture Of Company’s $3,719,855.94 To FG
Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, July 15, 2021, ordered the final forfeiture of the sum of $3,719,855.94 found in the account of a…
CBN To Resume Forex Sale At N386/$ August 31st
Ahead of the international flight resumption,the Central Bank of Nigeria (CBN) has stated it will resume weekly forex sales to Bureau de Change operators from August 31 at N386/$.
In a…