Tag: Foreign exchange

ABUJA (Sundiata Post) - In a significant move to reform the Nigerian Foreign Exchange Market (NFEM), the Central Bank of Nigeria (CBN) has announced the launch of the Electronic Foreign ...

LAGOS (Sundiata Post) - PZ Cussons said it has commenced plans to sell its African subsidiaries to any interested buyer due to forex challenges. The company stated this in its ...

ABUJA (Sundiata Post) - The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. While discussing ...

ABUJA (Sundiata Post) - Yesterday, the Naira fell to N1,595 per dollar in the parallel market, down from N1,585 per dollar on Tuesday. Similarly, the Naira yesterday depreciated to N1,596.52 ...