Thursday, November 21, 2024

Tag: Forex

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Africa needs $2.7 trillion by 2030 to combat climate change

Africa currently requires approximately $2.7 trillion by 2030, an...

U.S. says Google must sell Chrome browser to break search engine monopoly

The U.S. Department of Justice (DOJ) has demanded Google...

Nigeria ranks 7th globally for international students in U.S.

Nigerian student enrollment at U.S. colleges and universities rose...

Russian fertilizer giant sees 41% rise in exports to Africa

Russian fertilizer producer PhosAgro has reported a 41% increase...

Cadbury Nigeria gives parent company more stake to settle dollar debt

Nigeria's foreign exchange crisis is forcing a major sweet maker to take bitter medicine. Cadbury Nigeria, struggling under dollar debt and a devalued naira, plans...

Naira resumes decline as CBN faces more FX backlog

The naira weakened on Wednesday despite efforts by the central bank to clear a backlog of matured foreign-exchange forward contracts. The naira fell to...

Why naira is suddenly gaining against dollar

The injection of dollars into the Nigerian foreign exchange market and the central bank’s interest rate hikes are working in favour of the naira,...

Nigerian govt considers banning dollar black market

The Nigerian government is considering making it illegal to trade in the foreign exchange parallel market in a bid to control a chronic dollar...

Textile, maize importers can get forex as CBN unbans 43 items (See full list)

The Central Bank of Nigeria has lifted a ban on 43 items that were previously restricted from accessing forex, a bank spokesperson said on...

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U.S. says Google must sell Chrome browser to break search engine monopoly

The U.S. Department of Justice (DOJ) has demanded Google...

Nigeria ranks 7th globally for international students in U.S.

Nigerian student enrollment at U.S. colleges and universities rose...

Russian fertilizer giant sees 41% rise in exports to Africa

Russian fertilizer producer PhosAgro has reported a 41% increase...

Tinubu seeks National Assembly approval for new N1.77 trillion loan

President Bola Tinubu has requested approval from the National...
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