Tag : Foreign Exchange (FOREX)
Nigeria’s foreign reserve declines by $2.2b
Nigeria’s foreign reserves fell by $2.202 billion to $38.318 billion at the end of September from $40.520 billion as of December 31, 2021. Despite rising oil...
FG to penalise airlines selling tickets in dollars
The federal government will take legal action against any international airline that charges its customers in dollars for their tickets. Hadi Sirika, the minister of...
Black market rate falls to N675/$1
The exchange rate between the naira and the dollar closed at N428.75/$1 at the Investors and Exporters window, where forex is traded officially. Naira appreciated...
Erstwhile CBN deputy governor, Mailafia dies at 64
Former Deputy Governor of the Central Bank of Nigeria Dr Obadiah Mailafia is dead. The deceased who was also a presidential candidate of the African...