Naira revaluation pushes Nigeria’s imports to N35.9trn in 2023 LATEST March 19, 2024 Naira revaluation pushed Nigeria’s total imports to N35.9 trillion in 2023 from N25.5tn recorded in 2022. This is according to…
You can’t use FOREX revaluation gains to pay dividends – CBN warns Nigerian Banks LATEST March 15, 2024 The Central Bank of Nigeria has insisted that commercial banks in the country cannot use their foreign exchange revaluation gains…
Govts, banks rake in N2.2tn as manufacturers lose N495bn over forex revaluation LATEST October 2, 2023 The three tiers of government and commercial banks gained about N2.21 trillion from foreign exchange revaluation revenue. The development comes…
