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Tag: NAFEX Rate

FG not adopting flexible foreign exchange rate or NAFEX – CBN
BusinessFinance

FG not adopting flexible foreign exchange rate or NAFEX – CBN

The Central Bank of Nigeria, CBN, has said that the FG is not adopting a foreign exchange rate or NAFEX…

Christina NgeneMarch 24, 2021March 24, 2021
FG adopts the NAFEX rate for its official FOREX transactions
BusinessFinance

FG adopts the NAFEX rate for its official FOREX transactions

The Federal Government is adopting the investors and exporters rate, NAFEX currently averaged at N410 to $1 for its official…

Christina NgeneMarch 23, 2021March 23, 2021

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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