Tag: Foreign exchange

The Federal Government plans to borrow about N4.89tn from internal and external sources to finance the deficit in its proposed 2022 budget of N13.98trn due to dwindling revenue. The Minister ...

The Financial Derivatives Company Limited has described the documentation process required by banks for the sale of foreign exchange as cumbersome, saying this will pose a challenge to the public. ...

Ahead of its plan to borrow a staggering $6.2 billion, the Federal Government of Nigeria has hired JP Morgan and other firms as advisers to facilitate the issuance of Eurobonds ...

The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points for customers in line with the directive from ...