Honeywell Flour Mills Reports ₦8.64 Billion in Forex Losses Due to Exchange Rate Fluctuations
Honeywell Flour Mills Plc, a prominent flour milling company in Nigeria, has faced substantial foreign exchange losses amounting to ₦8.64 ...
Tag: Exchange rate fluctuations
CBN Postpones 293rd MPC Meeting Indefinitely Amidst Economic Uncertainty
In a surprising and unprecedented move, the Central Bank of Nigeria (CBN) has announced the postponement of its eagerly awaited ...
Nigeria’s Foreign Reserves Slip by $915 Million Amid Forex Market Liberalization.
In the aftermath of Nigeria's apex bank, the Central Bank of Nigeria (CBN), executing the naira's float and liberalizing ...
Foreign Investors Shy Away as Liquidity Challenges Affect Nigerian Equities Market in H1 2023.
The Nigerian equities market has been grappling with liquidity challenges in the foreign exchange (FX) market, resulting in a significant ...
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