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Tag: Forex Regulations

New FX rules'll help Naira regain value, says Oyedele
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New FX rules’ll help Naira regain value, says Oyedele

  By Wilson Adekumola     Chairman, the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that Federal Government plans to introduce new foreign exchange rules that crackdown on illicit currency trading so that dollar could settle at N650 to N750 before the end of 2023. Oyedele made this disclosure when […]

United Capital endorses CBN's stakeholder partnership
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CBN ends naira for dollar, issues new forex regulations

The Nigerian Central Bank has announced operational adjustments to the foreign exchange market. The Nigerian Foreign Exchange Market will no longer operate with segmentation, according to a statement from the central bank on Wednesday evening which was signed by its Director of Financial Markets, Angela Sere-Ejembi, and distributed to all authorized dealers and members of the […]