Laptop dealers struggle amidst high costs, low demand
Laptop prices have surged due to forex scarcity and high inflation, making it difficult for customers to cope with the increased costs.…
FOREX scarcity
How forex scarcity affects fresh petrol imports – Report
Oil marketers who have been licenced to import fuel are currently experiencing issues getting cash and thus, the prospect of new petrol…
Low demand for Nigeria’s LPG to affect forex earnings – Expert
A senior analyst at Financial Derivatives Company, Oluwatomi Mayowa, has projected a decline in demand for Nigeria’s natural gas, which will subsequently…
Gas price hike imminent as forex scarcity persist
Owing to the lingering scarcity of dollars in the country, there are speculations that Nigerians might have to pay more for gas.…
Banks reduce forex sales as scarcity persists
Findings have revealed that Banks have started to limit Personal Travel Allowance and Business Travel Allowance clearance requests to legitimate users. According…
Abolish official exchange rate, BDC operators tell CBN
The Association of Bureaux De Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt…
Establish aviation bank to save dying airlines, don tells FG
The Director, Centre for International Advanced and Professional Studies, Prof. Anthony Kila, has urged the Federal Government to establish a Bank of…
Over 50 companies shut down over forex, power crises
More than 50 Nigerian manufacturing companies have shut down in the last five years, according to investigations. Some of the manufacturing companies…