Nigerian Ports Authority Defends Dollar Payments, Citing International Nature of Shipping
The Nigerian Ports Authority (NPA) has offered clarification on its practice of charging operators in dollars, ...
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Tag: exchange rates
Subsidy Reduced Not Removed, Bismarck Rewane Clarifies Fuel Subsidy Situation
Bismarck Rewane, the Chief Executive Officer of the Financial Derivatives Company, clarified that the fuel subsidy ...
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World Bank Reports Nigerian Naira as Among Worst-Performing Currencies in Africa
The World Bank has identified the Nigerian naira as one of the worst-performing currencies in Africa, ...
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Nigerian Stocks Reach Record High as Reforms Boost Investor Confidence
Nigerian stocks achieved an unprecedented milestone on Tuesday, with the all-share index, a measure of equities' ...
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CBN Lifts Travel Ban on Bank Chiefs After FX Crisis Probe
The Central Bank of Nigeria (CBN) has lifted the travel ban on bank chief executives, which ...
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