Tag: Forex Crisis

The devaluation of the Naira has resulted in a significant forex gain of N8.6 billion for Nigeria’s Identification for Development ...

Due to issues with foreign exchange in the nation, car imports decreased by 45% in the first quarter of 2024, ...

Eterna Plc's chairman, Gabriel Ogbechie, revealed that the foreign exchange crisis of 2023 cost the business N9.4 billion. He revealed ...

The state governments of Ekiti, Cross River, and Ogun have proposed a suspension of their foreign debt repayments worth $501m ...

Olayemi Cardoso, the governor of the Central Bank, announced a shift from crisis management to strategic planning, aiming to stabilize ...

The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street ...

The persistent inflation and challenges with foreign exchange have been projected as factors that would affect the 2023 fourth-quarter financial ...

Procter & Gamble (P&G), a global consumer goods leader, has announced plans to discontinue its on-ground operations in Nigeria, citing ...

The Association of Bureau De Change Operators of Nigeria (ABCON) has made an emotional plea to the Central Bank of ...