Forex crisis

Manufacturers face mounting challenges as Naira floating deepens forex crisis

The Chairman of the Ogun State Manufacturers Association of Nigeria (MAN), Mr. George Onafowokan, has raised alarm over the unprecedented…

6 months ago

Forex crisis: SEC pledges to cooperate with EFCC

The Securities and Exchange Commission (SEC) has pledged to work with the Economic and Financial Crimes Commission (EFCC) to ensure…

12 months ago

FX crisis: Court grants EFCC permission to freeze 1,146 individuals, companies’ accounts

A Federal High Court sitting in Abuja has granted an interim order sought by the Economic and Financial Crimes Commission…

1 year ago

Forex crisis: Tech entrepreneur speaks on implications of Binance fine, importance of blockchain

Following the crisis looming in the forex and blockchain industry in Nigeria, a tech expert and innovator of the Middley…

1 year ago

CBN mandates BDCs to sell not exceeding N1, 314.01/US$

The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the widening gap in the official and…

1 year ago

Forex crisis: Nigeria is at war, our leaders must fight and win — Laolu Akande

Former Presidential Spokesman, Mr. Laolu Akande, on Tuesday averred that Nigeria is at war and the country's leaders must be…

1 year ago

How FG can consolidate CBN’s reforms to fix forex crisis, ex-minister, other experts reveal

In a series of analytical submissions triggered by the interview of the Central Bank of Nigeria (CBN) governor, Mr Yemi…

1 year ago

Forex crisis: Importers abandon cargoes inside Nigerian ports

Following incessant review of the nation’s exchange rate by the Central Bank of Nigeria (CBN), which has seen the Naira…

1 year ago

Forex crisis: Fresh facts reveal NNPC’s $2.7bn remittance to its CBN accounts in 6 months

CONTRARY to claims by the Central Bank of Nigeria (CBN) that the weakening of the value of the Naira was…

3 years ago

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