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Tag: forex market

EAC: Nigeria Needs Macroeconomic Stability To Attract Investments

The Chairman of President Muhammadu Buhari’s Economic Advisory Council (EAC), Dr. Doyin Salami
FG needs new economic model for faster growth, says bank chief The Chairman of President Muhammadu Buhari’s Economic Advisory Council (EAC), Dr. Doyin Salami, has stressed the need for theRead More

Marketers Blame DPR, PPPRA For Rising Cooking Gas Price

Cooking gas
Accuse NLNG of inadequate product supply Excessive administrative and other sundry charges by the Department of Petroleum Resources (DPR), the Petroleum Products Pricing Regulatory Authority (PPPRA), among others, have causedRead More

CBN Releases Banks’ Excess CRR To Spur Economic Recovery

Central Bank of Nigeria (CBN)
Introduces 90-day special bills Dealers, analysts welcome new policy on Diaspora remittances As part of efforts to support economic recovery and propel the quest to return to the growth path,Read More

Naira Set To Gain As CBN Resumes Forex Sales

Naira exchange rate
Forex sales’ resumption to Bureau De Change operators by the Central Bank of Nigeria will strengthen the exchange rate of Naira to US Dollar, according to BDC operators. In aRead More

Naira Appreciates Further At Parallel Market

Naira exchange rate
The Nigerian Naira strengthened to N440 to a dollar at the parallel market on Tuesday, compared with the N465 to a US Dollar it was the previous day. The NairaRead More