In today's newsletter from Daily Trust, CBN cancels N2.3 trillion forex sales to BDCs; North pays huge price because of Buhari; who does the supplementary budget benefit? -
A shakeup is under way in the forex market, to stop funnelling forex to bureaux de change. It is as high as $110 million every month, according to CBN figures. That will now go through a special desk at commercial banks.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North has paid huge price because of Buhari – Baba-AhmedI think restructuring has been abused and used as a political weapon. It has been used as a shorthand for the need to address the inadequacies, limitations, and weaknesses of the Nigerian federal system.
Read more »
In major policy shift, CBN cancels N2.3 trillion forex sales to BDCsHe said the $5.7bn allocated to BDCs has become unsustainable as $20,000 is allocated to over 5,500 BDCs in the country, amounting to $110 million per week.
Read more »
FG deploys 9,100 corpers in North-West, gunmen kill 344, abduct 430 July - Punch NewspapersFG deploys 9,100 corpers in N’West, gunmen kill 344, abduct 430 July - Punch Newspapers
Read more »
In major policy shift, CBN cancels N2.3 trillion forex sales to BDCsHe said the $5.7bn allocated to BDCs has become unsustainable as $20,000 is allocated to over 5,500 BDCs in the country, amounting to $110 million per week.
Read more »
Buhari signs N983 billion supplementary budget for 2021The N983 billion (N982,729,695,343) budget had earlier been passed by the National Assembly.
Read more »
JUST-IN: Buhari Assents N982bn 2021 Supplementary BudgetPresident Muhammadu Buhari has assented the 2021 supplementary budget of N982 billion recently passed by the National Assembly. Senior Special Assistant
Read more »