foreign exchange policy

  1. Presidency Rebukes Atiku, Affirms Commitment to Food Security and Forex Stability

    Nigeria Presidency Rebukes Atiku, Affirms Commitment to Food Security and Forex Stability

    In a swift response to former Vice President Atiku Abubakar's criticisms, the Nigerian Presidency stated on Sunday, accusing Atiku of distorting facts surrounding the foreign exchange policy of the Tinubu administration. The Special Adviser to the President on Information and Strategy, Bayo...
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    Business Nigeria Loses Aviation Hub to Ghana

    Nigeria has lost its status as the aviation hub in West Africa to Ghana, a neighbouring country, since the Central Bank of Nigeria (CBN) introduced the flexible foreign exchange policy. This, according to Guardian is partly attributable to the 100 per cent increase in the price of aviation fuel...
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    Business How Aliko Dangote Lost $3.5 Billion In One Day

    Africa’s richest person and Nigerian billionaire Aliko Dangote's fortune fell 25 places on the Bloomberg Billionaires Index on Monday as the naira slumped on first day of flexible exchange rate policy. The Central Bank on Nigeria had last Wednesday announced a new foreign exchange policy to...
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