Forex

Unstable Forex, absence of rail haulage hampering dry port operations — KIDP

Rotimi Raimi-Hassan is the General Manager of Kaduna Inland Dry Port (KIDP), Nigeria’s first dry port that evolved from being…

1 year ago

Unstable forex, absence of rail haulage hampering our operations — KIDP

Rotimi Raimi-Hassan is the General Manager of Kaduna Inland Dry Port (KIDP), Nigeria’s first dry port that evolved from being…

1 year ago

Reps uncovers five banks withholding $5bn forex

The House of Representatives on Wednesday uncovered five banks withholding five billion dollars in forex. Worried by the instability in…

1 year ago

Nigerians spent $98.7bn forex on PTA, education, medical treatment between 2010 and 2020 —Cardoso

GOVERNOR of the Central Bank of Nigeria, Mr. Yemi Cardoso, on Tuesday disclosed that Nigerians spent a total of $58.7…

1 year ago

$2.2bn foreign exchange backlog yet to be cleared —Cardoso

The Central Bank of Nigeria (CBN) has said that the outstanding foreign exchange (Forex) backlog is US$2.2 billion, adding that…

1 year ago

Forex: Why manufacturing firms are declaring losses, banks declaring profits

A financial analyst, Kalu Ajah, has said the possible reasons manufacturing firms are declaring losses in the era of foreign exchange…

1 year ago

VIDEO: Auction excess dollars in private domiciliary accounts, Fayose’s brother tells Tinubu

Isaac Fayose, brother to former Governor of Ekiti State, Ayodele Fayose, has advised President Bola Ahmed Tinubu to auction dollars…

1 year ago

Delta: Forex volatility burdensome, speed up projects completion — Commissioner tells Contractors

Contractors handling various projects for  Delta state  government have been urged to speed up construction works in view of the…

1 year ago

MR President and the Forex concerns: An invitation to dare

When His Excellency, President Bola Ahmed Tinubu, GCFR, declared to the world on the United Nations General Assembly's stage concerning…

1 year ago

Frozen foods retailers protest high cost of forex in Warri

Retailers of frozen foods, on Thursday, hit the streets of the twin towns of Warri and Effurun in Delta State…

2 years ago

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