CBN governor briefs Buhari over forex crisis
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on Thursday briefed President Muhammadu Buhari over the instability in the country's foreign exchange market which has continued to impact negatively the value of Naira.
Forex: CBN queries banks
The Central Bank of Nigeria, CBN, has denied allegations of irregularities in the foreign exchange, forex, transactions among Deposit Money Banks, DMBs and insisted that process remains transparent.
Forex crisis: Expert calls on CBN to harmonise exchange rate
As forex crisis lingers to 2017 amid economic recession, experts in the financial sector are calling on the Central Bank of Nigeria (CBN), to harmonise exchange rate, to enhance stability in the foreign exchange market.
FG needs framework for liquidity of forex market in 2017 — LCCI DG
The Small and Medium Enterprises (SMEs) suffered high electricity bills by power distributing companies. Aviation sector had its share of challenges of scarcity of aviation fuel, which caused frequent flight delays and cancellations. The impact of recession was very evident in maritime sector
Forex rubbishes N304bn Health budget for 2017
Due to continuous depreciation of Naira to other foreign currencies, stakeholders in the health sector have raised an alarm over inadequate budgetary provision of N304 billion for the Federal Ministry of Health in the 2017 national budget.
Forex policy, exchange rate concerns dominate outlook for 2017
2017 will be a make or break year for Nigeria. Growth is and will be a function of oil output and market efficiency. Corruption, waste and inefficiency will remain a drag on government expenditure
