forex
18 Jan
The Central Bank of Nigeria (CBN) said it is determined to clear the backlog of outstanding foreign exchange liabilities.
11 Dec
A good affiliate program allows you to earn well, the question is whichforex affiliates programs can provide the best results.
3 Nov
The Central Bank of Nigeria (CBN) has begun the settlement of foreign exchange forwards to banks. The Guardian gathered yesterday at the apex bank that the CBN has indeed started offsetting the outstanding forex forwards.
1 Nov
With the Federal Ministry of Finance's disclosure of receiving $10 billion forex inflows any time from now targeted at cushioning the effect of market squeeze and stimulate growth in the economy, the Manufacturers Association of Nigeria...
25 Oct 2023
Sustained capital flight spurred by foreign exchange (Forex) crisis, insecurity and other macroeconomic challenges, exacerbated by inability of foreigners to repatriate their funds has triggered unprecedented capital flight in the nation..
21 Oct 2023
• Say More Factories May Close Down • Naira Slide Continues Despite Policy • Ban Was Ineffective, Current Move Good For Economy — Experts Local manufacturers and farmers in the country have expressed fears that the unbanning of 43 items initially placed on the foreign exchange prohibitive list by the Central Bank of Nigeria (CBN) is capable…
6 Sep 2023
...'BDCs will not go electronic will be phased out of the system' Nigerian businesses from manufacturers to importers, who have been on a long queue for dollars may have cause to heave a sign of relief as the Central Bank of Nigeria (CBN) has announced plans to clear foreign exchange (Forex) backlog obligations in the…
13 Aug 2023
The Central Bank of Nigeria (CBN) has threatened to punish banks engaging in illegal sales of forex. The acting Governor of CBN, Folashodun Shonubi, who disclosed this during a lecture titled: “Diaspora Remittances and Nigerian Economic Development”, in Abuja...
31 Jul 2023
President Bola Tinubu has said that the Federal Government is receiving commendations and support from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, saying they are yielding positive results.[
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At least 155 people have died in Tanzania as torrential rains linked to El Nino triggered flooding and landslides, Prime Minister Kassim Majaliwa said Thursday.
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Dana Air has announced that it is processing refunds for flights affected after it was suspended by the Nigeria Civil Aviation Authority (NCAA). The Minister of Aviation and Aerospace Development Festus Keyamo directed the NCAA to suspend the airline to conduct a safety and financial audit following a runway incursion incident involving one of the…
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Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government. The central bank's monetary policy committee decided to keep the policy rate at 50 percent. But it left the door open to raising…
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Renowned rapper Kanye West, who legally changed his name to 'Ye' in 2021, is reportedly planning to venture into the adult film industry. According to sources, Ye is planning to set up his own studio, marking his entry as a producer in the adult film industry. A representative for Ye has reportedly told TMZ that…
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The Corps Marshal, Mr Dauda Biu, has hailed road marshals nationwide for their doggedness and sacrifices in checkmating routes violations thereby reducing road traffic accidents by 42 per cent.
2 hours ago
Vietnam's top soft drinks tycoon was jailed for eight years on Thursday in a $40 million fraud case, the latest high-profile business figure snared in the country's sweeping crackdown on corruption.
2 hours ago
The Lagos State Ministry of Education is investigating the Indian Language School in Ilupeju accused of denying Nigerians admission. The move to carry out the investigation was a result of a post made by an X user @decommonroom who shared his experience with the school. “The Indian school in Ilupeju only admits Indians. You need…
3 hours ago
The Oyo State Police Command has announced that it is investigating a shooting incident that occurred in the early hours of Monday, April 22nd, at a popular nightclub along the "Under G" area of Owode-Ogbomoso. The police, in a statement on Thursday, said the shooting incident claimed the life of one Iyanda Damilola. A distress…
3 hours ago
Four scam victims in Japan sued Facebook on Thursday after being hoodwinked by fraudulent online investment ads that used images of celebrities without their consent, their lawyer said.
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US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he landed in Beijing for tough talks with the rival power's leaders.