Against the backdrop of indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganizing the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals.
Browsing: Exchange rate
The maritime sector will have 40 percent increase as import duty for goods imported to Nigeria, as the Central Bank of Nigeria (CBN) and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to sector.
The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N420.12 to the dollar, a 0.01 appreciation…
The Naira exchanged at N417.30 to the dollar at the Investors and Exporters window on Monday, representing a -0.25 per…
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 6.4386 against the U.S.…