Tag: Foreign exchange

With N800 billion proposed as supplementary budget for defence, the military has no excuse not to decisively prosecute the war against insurgency and rid the country of all forms of ...

The official exchange rate has been pegged at N410.25/$1 by the Central Bank of Nigeria. This exchange rate applies to the NAFEX Investor & Exporter forex window. The announcement was ...

According to the Nigeria Electricity Regulatory Commission, NERC, the hike in electricity tariff will take effect from July,1. The government’s latest move which is part of the half-yearly review of ...

The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January. According to figures from ...