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Forex
Former Acting National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Dr. Kayode Collins Farinto has called on the Central Bank of Nigeria (CBN) to adopt a…
JUST IN: CBN Injects $500m Into Forex Market
The Central Bank of Nigeria (CBN) has injected another $500 million into the market as part of efforts aimed at addressing the persistent backlog of verified foreign exchange (forex)…
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…
Customs Pledges To Improve Service Delivery Despite Dollar Exchange Rate Jerk Up
Nigeria Customs Service has assured freight forwarders and importers of improved service delivery and trade facilitation to cushion the effect of sudden jerk up of exchange rate by the…
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…
NGX Expresses Optimism On Economy Stability, Raises N4.7 Trillion To FGN Bonds In…
The Nigerian Exchange Group (NGX) Plc has expressed optimism of the nation's economy stability in the years to come saying that the operating subsidiaries have raised over N4.7 trillion in…
EFCC Says Investment, Forex, BEC Scams, Land Property Fraud Most Prevalent In Lagos
The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulkarim Chukkol, has described investment, Business Email Compromise, BEC, and forex scams as well as land and…
Buhari Assures Manufacturers Easy Access To Forex For Importation Of Raw Materials
President Muhammadu Buhari has assured the Manufacturers Association of Nigeria (MAN) that the Federal Government will take appropriate measures to improve access to foreign exchange for…
We Are Yet To Receive Presidential Order Restricting Food Importation — Customs
Roland Ekama, Lagos
The Nigeria Customs Service (NCS), Tin Can Island Command has said that no official directive has been received from the presidency on the recent policy…