“All BDCs are required to render daily returns on foreign exchange purchases from Authorised Dealer Banks and other sources as well as sales (utilization) on the...
The growth of Forex Trading in Nigeria is fueled by a combination of technological advancements, economic necessity, and increased financial awareness. While challenges such as regulatory issues and...
The indicative exchange rate for NAFEM dropped from N1,483.99 per dollar last weekend to N1,483.62 per dollar this past weekend, according to data from FMDQ, showing...
It was discovered that the new rate was shown on Friday on the Federal Government's single window trading site. For import tariffs, Customs uses foreign exchange...
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...
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach...
Olawale-cole urged the apex bank to adopt creative financing options for clearing the short to medium-term backlog and establish a mechanism to address forex unification under...
“The case today is that our FX reserves which is at around $33 billion while the net liquid position is far lower, which means that in...
While commending the President Tinubu administration for seeing the capital market as a tool to grow the economy, he called for the privatisation of government owned...
Popoola further noted that the Exchange’s primary objective is to enable these companies issue bonds denominated in dollars and eventually offer dollar equity. “This can help...
He would take Abraham to the land being occupied by very powerful, unconquerable nations and tell him to look and...
While external military intervention is often considered vital during crises, achieving lasting peace requires a comprehensive approach that extends far...
I write this with no allegiance to any sect or Islamic school of thought. I am writing because Nigeria may...
Psychologically, this reform carries profound meaning. For decades, many civil servants have relied on office chapels and mosques as emotional...
So, is Nigeria economically broke? The uncomfortable truth is that Nigeria is not yet bankrupt but it is dangerously close....
Nigeria’s debt challenge is not merely a financial problem but a national test of leadership, accountability, and vision. The country...
In large parts of the country, especially the northern and middle belt regions, violence from armed groups, bandits, and insurgents...
Nigeria’s 2025 CGT reform is a commendable step toward a more equitable and efficient tax system. Aligning CGT with CIT,...
Operating under the "One Country, Two Systems" framework, where Hong Kong and Macao maintain separate legal systems and customs territories,...
CAF has revealed the final shortlist for the 2025 Women’s Player of the Year award featuring Rasheedat Ajibade and two...
Anthony Joshua could earn £70m in a proposed professional bout with Jake Paul, as negotiations advance and Netflix eyes broadcasting...
Nigeria’s 4–1 win over Gabon in the 2026 World Cup playoffs has drawn praise from Atiku Abubakar, Peter Obi, Minister...