August 2, 2024

Amid protest, Naira appreciates greatly against dollar

Ajibola2 months ago01 mins

The Naira has continued to appreciate against the dollar in the forex market despite the ongoing protests against misgovernance across the country. This comes at a time when the Naira has gained tremendous value in the official and stable forex market. , FMDQ data showed that the Naira appreciated against the dollar from N1,608.73 on…

Otedola, Elemelu back FG on forex windfall tax

Ajibola2 months ago04 mins

In a significant development, Group First Bank Chairman, Femi Otedola and the Chairman of the African Union Bank (UBA), Tony Elumelu, have expressed support for the Federal Government’s new forex windfall tax. This decision follows President Bola Tinubu’s motion on July 17 in the National Assembly to amend the Finance Bill, 2023, which unilaterally imposes…

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Amid protest, Naira appreciates greatly against dollar

Otedola, Elemelu back FG on forex windfall tax

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