The National Hajj Commission of Nigeria (NAHCON) has successfully addressed the predicament surrounding the 2024 Hajj fares, amidst uncertainties in financial markets and fluctuating exchange rates.…
Browsing: FOREX
The Central Bank of Nigeria reported on Friday that foreign exchange inflows to the country reached $2.3 billion in February, driven by a surge in remittances…
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, dismissed the charges against 19 Bureau de Change (BDC) Operators after the case was…
The National Hajj Commission of Nigeria (NAHCON) has established the 2024 Hajj fare at N4.8 million for Muslim pilgrims intending to participate from Nigeria. The fare…
The Nigerian government is optimistic about a substantial increase in foreign exchange (forex) supply into the economy, thanks to the current measures in place. Discussing the…
Nigeria’s apex bank, the Central Bank of Nigeria, CBN has paid nearly $2 billion in outstanding foreign exchange forwards in the last three months to clear…
Nigeria’s forex crisis is far from over as Naira sold for over N1,000 to a dollar at the parallel market.