Forex Scarcity Hampering Airlines’ Operations - Onyema       Air Peace has said that it placed a firm order of Boeing 737 Max, which recently was recertified to resume operations. Chairman and Chief Executive Officer of the airline, Allen Onyema who said this in a statement titled ‘Air...

Forex Scarcity Bars Marketers From Petrol Imports       Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian National Petroleum Corporation’s apron strings as they continue to steer clear of petrol importation, ’FEMI ASU reports The expected...

Dollar Sells For N445 As Forex Scarcity Persists   The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market. The extension of the ban placed on flights in the country by the Federal Government, as part...

Exports from Nigeria to Japan in the first six months of the year decreased by 70.1percent due to foreign exchange crisis and the lower price of natural gas, Taku Miyazaki, Trade Commissioner and Managing Director of Japan External Trade Organization(JETRO) said. He spoke at the...