Citing his example, he said, “I left a five-bedroom flat in Ekiti to go to Ibadan to do ministry. God asked me to go to Ibadan....
Highlighting the fundamental issues, he said: “The Naira is on a continuous fall due to the following: Limited Supply of Dollar: Nigeria’s major source of Foreign...
According to the minister, “There is no iota of truth in reports that the Federal Government plans to convert foreign exchange in depositors’ domiciliary accounts to...
Reno’s opinion about how we can liberate ourselves from the insanely escalating and extremely alarming foreign exchange disaster made sense to me. But I am not...
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1455.59 per dollar from N1,482.57 per dollar on Tuesday, indicating N26.98 appreciation for...
On the decline of vehicle import, National President of the Association of Nigerian Licensed Customs Agents, ANLCA, Mr. Emenike Nwokeji, said that continuous downward slide of...
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N900.96 per dollar from N882.24 per dollar on Wednesday, indicating N18.76 depreciation for...
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N902.45 per dollar from N902.08 per dollar on Thursday, indicating 37 kobo depreciation...
Consequently, the gap between the official and parallel market exchange rates narrowed to N397.92 per dollar yesterday from N418.77 per dollar on Wednesday.
On September 22, 2023, Wale Edun, the finance minister and coordinating minister of the economy, said the overdue forward payments were behind the depreciation of the...