Net foreign exchange (forex) inflow into the economy fell by 26 percent, month-on-month to $3.87 billion in October from $5.23 billion in September last year. The decline was driven by ...
The Nigerian government spent N1.85 trillion on food imports in 2020 after it closed the country’s land borders, the chairman of the presidential economic advisory council, Doyin Salami, has said. ...
Unclaimed dividends and bank account balances of Nigerians unclaimed for at least six years will be transferred to the Federal government. This is according to the provisions in the Finance ...
Foreign exchange inflow through the Central Bank of Nigeria in the third quarter of 2020 stood at $6.97bn. The CBN disclosed this in the third quarter economic report. It said, ...