The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimises volatility in the customs duty exchange rate. Dr Muda Yusuf, Founder, CPPE, said in a statement on…
Bitcoin is exhibiting dominance even with its first monthly decline since August, hinting at a potential rise in bullish activity. Despite testing times in the volatile crypto market, Bitcoin maintains its robust position, making it an…
RBNZ the decline in global inflation from previously elevated levels. At the same time, financial markets are currently anticipating lower policy rates over the next year. However, “there remains a risk that new or persistent inflation…
The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency market, although there has been no…
Business a.m. The Association of Bureaux De Change Operators of Nigeria (ABCON) is spearheading efforts to establish a unified retail foreign exchange market aimed at addressing volatility and enhancing regulatory compliance within the…
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector.…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC)…
Yusus, who is a former Director General of the Lagos Chamber of Commerce, said the economic reform of the President Bola Tinubu administration is a work in Progress.