Hope Moses-Ashike, Author at Businessday NG https://businessday.ng/author/hope-ashike/ Thu, 09 Jan 2025 20:31:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://cdn.businessday.ng/wp-content/uploads/2024/01/cropped-BD-logo-32x32.jpeg Hope Moses-Ashike, Author at Businessday NG https://businessday.ng/author/hope-ashike/ 32 32 CBN halts approval for extension of export proceeds repatriation https://businessday.ng/news/article/cbn-halts-approval-for-extension-of-export-proceeds-repatriation/ https://businessday.ng/news/article/cbn-halts-approval-for-extension-of-export-proceeds-repatriation/#respond Thu, 09 Jan 2025 20:26:40 +0000 https://businessday.ng/?p=924820

In a move aimed at tightening the management of foreign exchange, the Central Bank of Nigeria (CBN) has announced that

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]]> https://businessday.ng/news/article/cbn-halts-approval-for-extension-of-export-proceeds-repatriation/feed/ 0 How CBN restored transparency in FX market https://businessday.ng/banking/article/how-cbn-restored-transparency-in-fx-market/ https://businessday.ng/banking/article/how-cbn-restored-transparency-in-fx-market/#respond Thu, 09 Jan 2025 10:17:50 +0000 https://businessday.ng/?p=924541

The foreign exchange market in Nigeria has witnessed a remarkable transformation, characterised by increased stability and transparency, following recent policy

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]]> https://businessday.ng/banking/article/how-cbn-restored-transparency-in-fx-market/feed/ 0 Naira closes flat in four days of new year trading https://businessday.ng/news/article/naira-closes-flat-in-four-days-of-new-year-trading/ https://businessday.ng/news/article/naira-closes-flat-in-four-days-of-new-year-trading/#respond Wed, 08 Jan 2025 06:23:22 +0000 https://businessday.ng/?p=924100

The naira on Tuesday closed flat across foreign exchange (FX) markets. The market has remained calm since the introduction of

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]]> https://businessday.ng/news/article/naira-closes-flat-in-four-days-of-new-year-trading/feed/ 0 Naira gains 125/$ one month after EFEMS https://businessday.ng/news/article/naira-gains-125-one-month-after-efems/ https://businessday.ng/news/article/naira-gains-125-one-month-after-efems/#respond Wed, 08 Jan 2025 03:00:41 +0000 https://businessday.ng/?p=923990

… Dollar demand declines as invisible transactions drop Nigeria’s currency has appreciated by N125 to a dollar one month after

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]]> https://businessday.ng/news/article/naira-gains-125-one-month-after-efems/feed/ 0 We are providing funding in local currency to reduce FX risk for borrowers – Adenuga https://businessday.ng/interview/article/we-are-providing-funding-in-local-currency-to-reduce-fx-risk-for-borrowers-adenuga/ https://businessday.ng/interview/article/we-are-providing-funding-in-local-currency-to-reduce-fx-risk-for-borrowers-adenuga/#respond Tue, 07 Jan 2025 20:04:34 +0000 https://businessday.ng/?p=924021

Nigeria faces many challenges including energy blackouts, high import costs, rising commodity prices and lack of capital to support Small

read more We are providing funding in local currency to reduce FX risk for borrowers – Adenuga

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