foreign exchange

Why ‘common man’ can no longer afford kerosene – IPMAN

Alhaji Olanrewaju Okanlawon, a factional Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN),…

Airlines seek FG’s intervention over insurance

Airline Operators of Nigeria (AON) has appealed to the Federal Government to urgently intervene in…

CBN denies reports of allocation of dollars

The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates…

Fuel import consumes 30% of forex, says Adeosun

The Minister of Finance, Mrs Kemi Adeosun, on Friday said that 30 per cent of…

Forex: Erisco Foods may sack workers, exit Nigeria

Erisco Foods, a local manufacturing firm has said it may be forced to shut down…

AFREXIMBANK to help Dangote Group access forex for $17bn refinery

The African Export-Import Bank (AFREXIMBANK) on Thursday said that it would assist the Dangote Group…

Why Pilgrims got forex at N197 to dollar exchange rate – CBN,NAHCON

The Central Bank of Nigeria (CBN) has debunked claims in certain quarters suggesting that prospective…

CBN governor assures Dangote refinery of forex

The Central Bank of Nigeria (CBN) has said that it would assist the Dangote Group…

Diaspora Nigerians boost Naira value, now N265

The Naira on Wednesday gathered more muscles  against the dollar at the parallel market as Nigerians…

Tough time forecast for Naira

Nigeria's naira was expected to come under pressure on the parallel market next week after JP…