Nigeria: FrieslandCampina Nigeria Expects No Early Recovery After Weakening Naira Shot Forex Expense to N18.6bn
At N18.6 billion, foreign currency costs ate up what was posted in gross profit, throwing its bottom line into a ...
Tag: Forex
Nigeria: Central Bank Directs Banks to Trade Forex At Any Rate
There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange ...
Forex Crunch Brings No Takers in Edible Oil Bid
A federal agency invitation to procure a large volume of edible oil found itself without a bidder. The lack of ...
Malawi: Tobacco Farmers Are Number One Forex Producers – Chakwera
President Lazarus Chakwera has described tobacco farmers as the number one foreign exchange (forex) producers in Malawi. Chakwera made the ...
