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FX unification

Business and Economy

Nigerian businesses at risk under floating exchange rate

MANY Nigerian businesses and traders have raised concerns about the negative impacts of Central Bank of Nigeria (CBN) policies...
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Business and Economy

Diaspora remittances lifeline to forex stability — Experts

THE Federal Government has a lifeline on its rough road to foreign exchange stability through forex remittances by Nigerians...
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Business and Economy

Why Nigeria’s forex unification must be effected with caution – Finance professor

A professor of Finance and Capital Market at the Nasarawa State University, Uche Uwaleke, has called for "cautious optimism"...
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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...
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Business and Economy

CBN releases official guidelines for forex rates unification 

THE Central Bank of Nigeria (CBN) has released new operational changes to the foreign exchange market in line with...
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Business and Economy

Amid President Tinubu’s rates unification, CBN allows banks to trade forex freely

UPDATE: THE Central Bank of Nigeria (CBN) has confirmed the abolishment of the segmentation in the foreign exchange market.  This was...
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