Forex

Business and Economy

Here is what forex rates unification means for businesses, economy

NIGERIA has officially floated its currency after many years of multiple exchange rates, which many financial experts viewed as...
Harrison EDEH -
Business and Economy

Reps ask foreign airlines to shelve sale of tickets in dollars

THE Chairman, House of Representatives Committee on Aviation, Nnolim Nnaji, has frowned at the alleged insistence of some foreign...
Joseph OLAOLUWA -
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Fact-Check

Five times Obi quoted wrong figures in public

PETER Obi, a former Governor of Anambra state and Labour Party’s (LP) presidential candidate for Nigeria’s 2023 elections, had...
Nurudeen AKEWUSHOLA -
Energy and Power

FX crisis could push electricity tariff up as FG plans review in December

THE foreign exchange crisis currently confronting the country could see a marginal increase in electricity tariff, The ICIR's findings...
Harrison EDEH -
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Banking and Finance

CBN again warns commercial banks to desist  from forex malpractices

THE Central Bank of Nigeria (CBN) has warned deposit money banks (DMBs) to desist from all forms of malpractice...
Harrison EDEH -
Business and Economy

FX supply: CBN directs commercial banks to set up teller points

THE Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated...
Vincent Ufuoma -
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