TUC president blames forex crisis for 50% telecom tariff hike in Nigeria
The President of the Trade Union Congress (TUC), Festus Osifo, has attributed the recent 50% increase in telecom tariffs by ...
Tag: Forex Crisis
Forex crisis: “You can only operate between 8am and 6pm” – ABCON to BDC operators
The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business ...
Forex crisis threatens multimillion-dollar data centre investments in Nigeria
Data centre operators in Nigeria are grappling with the severe impact of the protracted forex crisis, which is now threatening ...
Forex crisis: Nigeria’s ID4D project gains N8.6 billion from Naira devaluation in 2023
The devaluation of the Naira resulted in a forex gain of N8.6 billion for the Nigeria Identification for Development (ID4D) ...
Forex crisis overshadows Tinubu’s policies in Nigerian tech industry – Stakeholders
Though some critical policies were introduced in the period, the forex crisis took the shine for tech business, like other ...
Forex Crisis: SEC, EFCC target virtual manipulators in new collaboration
The two agencies are to strengthen the existing Memorandum of Understanding they have and ensure it is more effective in ...
Forex crisis: FG slams $10 billion fine on Binance
The Federal Government has slammed a $10 billion fine on crypto trading platform, Binance, over allegations of influencing the country’s ...
Forex Crisis: $26 billion passed through Binance Nigeria in one year- Cardoso
Nigeria's Central Bank Governor, Olayemi Cardoso has stated that about $26 billion has passed through Binance Nigeria.
CBN intervenes in FX market, allocates $20,000 to each BDC to stabilise Naira
In a move aimed at rectifying the persisting distortions in the retail segment of Nigeria's foreign exchange market, the Central ...
Forex crisis – Don’t panic; the tipping point is near
As a Stockbroker, you struggle for the equilibrium price in making your deal.
