CBN Injects $500 Million into Forex Market
The Central Bank of Nigeria (CBN) on Monday said it injected an additional $500 million into the foreign exchange market. ...
Tag: FX
Naira Devaluation: FG plans New FX Rules by End of 2023
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing ...
Make FX available at a Subsidised Rate, Petrol Marketers urge FG
...as NNPCL retains being sole importer of petrol Petrol marketers yesterday, raised concerns about the downturn of deregulation of the ...
Nigerian Manufacturers, Consumers seek alternatives to Forex Scarcity
As cost of imported goods and services rise over persistent forex scarcity, manufacturers and consumers are reviewing import and purchasing options. ...
How FX scarcity affects Drug Manufacturers in Nigeria
...total finished goods dropped by 20.6% Some of the major manufacturers of medicines in Nigeria produced and imported less in ...
CBN FX Sales To Dealers Decline By 24.65% To $21.82bn As FX Scarcity Lingers
The Central Bank of Nigeria (CBN) sold a total of $21.82billion foreign exchange to authorised dealers in 2021, compared with ...
