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Stock-fish dealers seek access to Forex

The Stock-fish Dealers Association on Thursday urged the Federal Government to grant importers of Stock-fish, access to the Foreign Exchange (FOREX). The group made the call in an interview with the News Agency of Nigeria (NAN) on the sidelines of a two-day Seafood Seminar in Lagos. Chairman of the association, Mr Gregory Ilobinso, said access to FOREX
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CBN investigates 55 companies over foreign exchange infractions

Net forex inflow falls 26% to $3.87bn

Net foreign exchange (forex) inflow into the economy fell by 26 percent, month-on-month to $3.87 billion in October from $5.23 billion in September last year. The decline was driven by 11.9 percent reduction in foreign exchange inflow caused by 39.6 percent and 14.9 percent reduction in oil and non-oil receipts respectively. The fall in net
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