Due to the Central Bank of Nigeria’s frequent reviews of the nation’s exchange rate, which recently escalated to N1,413.62/$1 from N1,356.883/$1, importers …
CBN
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Africa
Africa: Nigeria’s Apex, CBN Clears Backlog Of Foreign Airlines’ Blocked Funds, Pays Additional $64.44 million of Verified Claims
by Atqnewsby AtqnewsNigeria’s Apex Bank, Central Bank of Nigeria, CBN, says it has concluded the payment of all verified foreign exchange (FX) claims by …
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ATQ News ArchiveATQ News UpdatesAviation
Africa: NAHCO Chairman Calls On Government To Release $802m Airlines’ Trapped Funds In Nigeria
by Atqnewsby AtqnewsFrom left: Mr. Indranil Gupta, GMD/CEO, Nigerian Aviation Handling Company (NAHCO) Plc; Dr. Seinde O. Fadeni, Chairman; Mr. Bello A. Abdullahi, Company …
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ATQ News ArchiveATQ News UpdatesNews
News: Nigerian Customs Agents, ANLCA Blacklists First Bank Plc over alleged failure to remit N100billion export proceeds to government
by Atqnewsby AtqnewsThe Association of Nigerian Licensed Customs Agents (ANLCA), has directed all importers and clearing agents in the country to backlist First Bank …
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ATQ News ArchiveATQ News UpdatesNews
Africa: UK Based Firm, Economist Intelligence Unit Predicts Official Naira Rate to drop in 2023 to N470/$
by Atqnewsby AtqnewsThe Economist Intelligence Unit (EIU), has predicted that the value of the naira will continue to depreciate, gradually falling to an official …
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ATQ News ArchiveATQ News UpdatesAviation
Africa: Central Bank Nigeria releases $265 million foreign airlines’ trapped funds, as NANTA denies BA exit story
by Atqnewsby AtqnewsIn a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday, August …
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ATQ News ArchiveNews
Africa: Nigeria Spends $500 Million Annually On Palm Oil Importation – CBN
by Atqnewsby AtqnewsThe Governor, Central Bank of Nigeria (CBN) Godwin Emefiele on Monday said that over five hundred million dollars was being spent annually …
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ATQ News Updates
Africa: Recession and price gaming has made customers more abusive in Nigeria – report says
by Atqnewsby AtqnewsRecession and price gaming has made customers more abusive in Nigeria – report says -predicts 7.3% decline in tourism contribution to the …
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Africa: CBN Approves Special FX Window for Airline Operators, Manufacturers
by Atqnewsby AtqnewsThe Central Bank of Nigeria (CBN), Friday approved a Special Secondary Market Intervention Retail Sales (SMIS) forex window for domestic airline operators …
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ATQ News ArchiveAviation
Africa Aviation: We will concession Nigerian Airports on PPP, Hon. Sirika tells stakeholders
by Atqnewsby AtqnewsBy Renn Offor Nigeria’s Minister of State for Aviation, Alhaji Hadi Abubakar Sirika, has presented the Federal Government’s Aviation Roadmap to stakeholders …