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Remove Official Exchange Rate, Fuel Subsidy, IMF Urges FG

Remove Official Exchange Rate, Fuel Subsidy, IMF Urges FG   Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the Nigerian government to stop subsidising fuel. The Washington-based lender also asked the Federal Government to remove the...

LCCI Advises CBN To Halt N305/dollar Official Exchange Rate

LCCI Advises CBN To Halt N305/dollar Official Exchange Rate   The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305 to one United States dollar. It said that the multiplicity of rates was inimical to...