“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...
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...
“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...
“Many Nigerians abroad are investing in Eurobonds. But now, people that have dollar income will prefer to save it in the dollar rather than change it...
For manufacturers, the continued devaluation of the naira had led to increased costs with regard to the importation of raw materials for production needs. However, the...
‘‘Precisely, we expect the planting season, adverse weather conditions, and lingering impact of crop disease outbreak to blunt the positive impact of the green harvest in...
To cut the long story short, President Nixon recalled that interaction with his mother, came to his senses, and used...
I really didn't know what to say, but I just managed to tell her that God loves her more than...
When a man of God speaks, his words often transcend the pulpit. They become national conversations, global soundbites, and spiritual...
Let us pause for a moment to remember these innocent victims, known or unknown, living or dead. In Imo state,...
In September 2024, the Federal Government raised the cost of a standard 32-page passport from ₦35,000 to ₦50,000, while the...
The impact of these reforms is evident in the nation's economic indicators. According to the World Bank, Nigeria's economy grew...
In countries like Norway, Denmark, or even Brazil, welfare programs are effective because they are tied to functioning systems. There...
And let's look at the numbers! The dollar used to skyrocket to ₦1800 when Tinubu took office, but now it's...
World No.1 Aryna Sabalenka returns to the US Open final after defeating Jessica Pegula, while Amanda Anisimova stuns Naomi Osaka...
Lionel Messi netted a brace in Argentina’s 3-0 victory over Venezuela in Buenos Aires, hinting this could be his final...
Germany suffered their first-ever away defeat in a World Cup qualifier, losing 2-0 to Slovakia in Bratislava. Hancko and Strelec...
Euro 2024 champions Spain began their 2026 FIFA World Cup qualifying campaign with a 3-0 win over Bulgaria. Oyarzabal, Cucurella,...