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Tag forex exchange

Editorial

Addressing the fraudulent acts surrounding forex exchange

It is a goodomen for recent policy introduced by the Central Bank of Nigeria (CBN) against the transaction with foreign currencies. The apex bank has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a…

NewsDirect
April 14, 2024

News

Modular refineries substitute import, reduce forex exchange pressure — CEO Aradel

By Matthew Denis The Managing Director and Chief Executive Officer (CEO) of Aradel Holdings, Mr Adegbite Falada disclosed that the advantages of local modular refineries serve as substitution to import products and reduces pressure on forex exchange. He made the…

NewsDirect
February 29, 2024