Search Result for 'Nigerian Exchange'

Herbert Wigwe, the CEO of Access Holdings Plc, tragically passed away in a helicopter crash in California. His untimely demise has sent shockwaves through the African business community, leaving many ...

Airline operators have hinted that they may be forced to review fares upward as the aviation fuel surged to above N1300. This was made known in a statement on Friday ...

International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks on Friday informed their customers that they would no longer ...

The Central Bank of Nigeria (CBN) has announced significant reforms in the foreign exchange market, signalling a move towards a market-driven exchange rate mechanism and potentially paving the way for ...

The International Air Transport Association, the Geneva-based trade association representing world airlines, has expressed fears that foreign airlines operating in Nigeria, may lose about $200m to exchange rate depreciation. IATA ...

A multinational firm, PZ Cussons, has announced an £88.2m foreign exchange loss arising from the devaluation of the naira. PZ Cussons Chief Executive Officer, Jonathan Myers, in a statement on ...

Renowned economist Mr. Bismarck Rewane has called on the federal government to be transparent with the public regarding the state of the economy and the measures being taken to address ...

The value of foreign exchange transactions recorded on the official Nigeria Autonomous Foreign Exchange Market has risen to $584m, according to data posted on the FMDQ Exchange on Tuesday. This ...

Bank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial banks to stop “hoarding’’ foreign currencies. The CBN had last ...

The naira remains under pressure against the dollar, hovering near its all-time low, despite improved liquidity. Market fundamentals reveal that despite a $2.2 billion facility from the African Import Export ...