Tag: Forex
Forex scandal: Emefiele faces fresh charges as Dangote denies wrongdoing
•EX-CBN gov may face multiple money laundering charges, anti-graft agency probes corporate organisations, individuals•Commission says investigation independent of Obazee’s report
The Economic and Financial Crimes Commission...
Rice remains restricted despite lifting of forex ban – Customs
Despite the skyrocketing cost of rice and the recent halt on the ban of foreign exchange for its imports, the crop is still a...
Naira gains as CBN pays banks $6.7bn forex backlog
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report.
A source...
Forex crisis: Labour blames govt officials, meets FG today
The Nigeria Labour Congress on Sunday lamented the devastating impact of the forex crisis on the economy and demanded urgent stabilisation of the naira.
The...
Naira weakens to N950/dollar as forex scarcity worsens
The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market.
Bureau de Change operators who spoke to The...
