Forex Rate

The Tertiary Education Trust Fund (TETFUND) says consultations are ongoing to suspend foreign scholarships as a result of current exchange rate. The Executive Secretary of the fund, Mr. Sonny Echono made this known at a public hearing on…

The World Bank has attributed food inflation in Nigeria to import restrictions and non-flexible exchange rate management of the Central Bank of Nigeria (CBN). The world lender also revealed that the COVID-19 pandemic-induced…