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Ginger Farmers Loss N12bn to Disease as FG Inaugurates Control Taskforce

Ginger Farmers Loss N12bn to Disease as FG Inaugurates Control Taskforce The Federal Government, on Monday, confirmed the outbreak of ginger blight epidemic in four states in Nigeria, adding that ginger farmers have lost over N12bn due to the disease. It disclosed this at the inauguration...

Ginger Farmers Loss N12bn to Disease as FG Inaugurates Control Taskforce

Ginger Farmers Loss N12bn to Disease as FG Inaugurates Control Taskforce The Federal Government, on Monday, confirmed the outbreak of ginger blight epidemic in four states in Nigeria, adding that ginger farmers have lost over N12bn due to the disease. It disclosed this at the inauguration...

Naira Continues to Strengthen, CBN Sells N1,251 per Dollar

Naira Continues to Strengthen, CBN Sells N1,251 per Dollar The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs), informing them that it has sold $10,000 to each BDC at a rate of N1,251/$1. In a circular issued by the...

Naira Continues to Strengthen, CBN Sells N1,251 per Dollar

Naira Continues to Strengthen, CBN Sells N1,251 per Dollar The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs), informing them that it has sold $10,000 to each BDC at a rate of N1,251/$1. In a circular issued by the...

Manufacturers’ Forex Losses Rise 566% to N792bn in 2023

Manufacturers’ Forex Losses Rise 566% to N792bn in 2023 A review of the performance of  multinational corporations and big indigenous firms operating in the country for the financial year ended December 2023 have shown that they recorded a combined Foreign Exchange, forex, losses of N792...

Manufacturers’ Forex Losses Rise 566% to N792bn in 2023

Manufacturers’ Forex Losses Rise 566% to N792bn in 2023 A review of the performance of  multinational corporations and big indigenous firms operating in the country for the financial year ended December 2023 have shown that they recorded a combined Foreign Exchange, forex, losses of N792...