HomeTagsForex Crisis

Tag: Forex Crisis

Forex Crisis: Olawepo Hashim Urges FG To Exclude Commerical Bankers From CBN

Forex Crisis: Olawepo Hashim Urges FG To Exclude Commerical Bankers From CBN   A former presidential candidate, Mr Gbenga Olawepo Hashim has listed criminal forces controlling the foreign exchange market in Nigeria. He explained that, until the federal government takes control of the market, the naira will...

Forex Crisis: Nigeria’s Battle to Restore the Naira’s Glory, by Gidado Shuaib

Forex Crisis: Nigeria's Battle to Restore the Naira's Glory, by Gidado Shuaib   For Nigeria, the Naira stands not only as the country's currency but also as a symbol of its identity. Besides ensuring that citizens thrive in their everyday lives, it also signifies the country's...

Forex Crisis: Harsh Operating Environment Collapsed 70% Businesses – Oil Dealers

Forex Crisis: Harsh Operating Environment Collapsed 70% Businesses – Oil Dealers Oil and gas dealers in the country have declared that the harsh operating environment in the downstream oil sector has led to the collapse of about 70 per cent of businesses in the industry,...

Cardoso, Forex Crisis and the Limit of Armchair Criticism, by Abdulrahman Abdulraheem

Cardoso, Forex Crisis and the Limit of Armchair Criticism, by Abdulrahman Abdulraheem   "The cacophony of postulations on the fluctuation of foreign exchange rates is unduly affecting the market negatively. Every one of us can not be an expert. If we have given someone an assignment,...

Forex Crisis: Let Cardoso be, you all cannot be Experts – Tinubu Tells Governors

Forex Crisis: Let Cardoso be, you all cannot be Experts - Tinubu Tells Governors President Tinubu has urged the governors of the 36 states of the federation and critics to trust the Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, with the management of the...

Forex Crisis: In Six Months, Foreign Airlines Repatriate N795.5bn From Nigeria

Forex Crisis: In Six Months, Foreign Airlines Repatriate N795.5bn From Nigeria Foreign airlines repatriated N795.5 billion from Nigeria in six months, according to data from the Central Bank of Nigeria. Data from Nigeria’s apex bank Balance of Payment compilation disclosed that airlines withdrew $1.76 billion (converted...