Tears in Court as Doctor Testifies in ₦247.5m Medical Forex Scam Trial
Emotions ran high at the Lagos Special Offences Court in Ikeja as the Economic and Financial Crimes Commission (EFCC) opened its case...
Forex
Forex Volatility Drags MTNN Into N400bn Net Loss In 2024
MTN Nigeria Communications (MTNN) Plc recorded a net loss of N400.43 billion for full year, 2024, primarily due to a...
NB Plc N599.1 Billion Rights Issue to Eliminate Forex Exposure, Reposition Business Performance
L-R: Chief Executive Officer, NGX, Jude Chiemeka: Managing Director, Nigerian Breweries Plc, Hans Essaadi; Company Secretary/Legal Director, NB Plc, Uaboi...
Dangote Refinery In Full Capacity,Enough To Fix Nigeria’s Forex Challenges – S&P Global
Associate Director, Sovereign Ratings, S&P Global Rating, Maxmillian McGraw; Senior Analyst, Bank Ratings, Charlotte Masvongo, Vice President of Oil and...
Nigeria to raise $30bn from inaugural forex bond
Nigeria targets up to $30 billion from its inaugural foreign currency-denominated bond issuance planned for June, 2024. Patience Oniha, Director-General...
NASRE Advises FG On Food Crisis, Forex Shortage Amid Calls To Suspend Import Ban
As Nigeria finds itself at a critical crossroads, grappling with simultaneous challenges of a food crisis and a foreign exchange...
EFCC RAID ON DANGOTE OFFICE OVER FOREX DEALS: DID EMEFIELE SQUEAK ON DANGOTE AS PAYBACK FOR SNUBBING EX-CBN GOVERNOR IN TIME OF NEED?
Beware the fury of a betrayed friend. A patient, pitiless friend like Godwin Emefiele. The embattled former Governor...
Forex: Dangote repatriates $687,977m from pan-African operations
Management of Dangote Industries Limited (DIL), have revealed that the company has so far repatriated over USD576,008,672.41 through various...
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1. On Wednesday,...
Cassava value chain soon to earn Nigeria FOREX – FG
The Chief Executive Officer of the National Root Crops Research Institute, Prof. Chiedozie Egesi has disclosed that the federal government...
Forex volatility, drop in vehicle importation cut Customs revenue by 4.5 per cent
Following foreign market volatility, Nigeria’s customs service revenue dropped by 4.5 per cent in the first half of 2023. NCS...
