Tag: FX

Sterling Bank, EAS to boost FX earnings for Nigerian SMEs

Sterling Bank Ltd., Nigeria’s leading commercial bank, has announced a strategic partnership…

From Novice to Expert: Growing Your Bitcoin Portfolio

Bitcoin, the pioneer of cryptocurrencies, has become a focal point for investors…

JUST IN: Naira crumbles to N2,000/1£ at parallel market

Amid current hardship ravaging the country, Nigeria’s local currency is currently exchanging…

Senate grills economic team, demands end to economic hardship

Owing to the hardship being faced in the country, senators have asked…

FX losses dip PZ Cusson’s operating loss further to £89.7m

PZ Cusson for its six months ending 2nd December 2023 has reported…

$2.4bn of $7bn FX claims not valid — Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said…

FX backlog: CBN pays additional $64.44m

The Central Bank of Nigeria (CBN), in fulfilling its pledge to clear…

Why FX inflow into Nigeria decreased year-on-year to $5.7bn in 2023 —Report

LATEST monthly economic report from the Central Bank of Nigeria (CBN), has…

Why we plan to digitise FX transactions — FG

The Federal Government has concluded plans to automate transactions in the entire…

Inflation rate hits 24.08% in July as FX scarcity bites hard

Inflation rate in Nigeria surged to 24.08 percent in July 2023, showing…

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