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Fitch Raises Concerns Over Nigeria’$10bn Forex Loan

Sam Diala, THEWILL -
November 06, (THEWILL) - Fitch Ratings has affirmed Nigeria’s long-term foreign currency credit default outlook at B- citing recent policies by President Tinubu as responsible for the stable outlook. It also raised concerns over the proposed $10 billion forex loan...
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BREAKING: CBN Lifts Forex Restrictions On 43 Items, Restates Commitment To Boost Liquidity In FX Market

Musa Diso, THEWILL -
October 12, (THEWILL) - The Central Bank of Nigeria (CBN) has lifted foreign exchange (FX) restrictions on the importation of 43 items. The apex bank also said it would boost liquidity in the Nigerian Foreign Exchange Market and intervene from...
Business

Despite Forex Restrictions, Palm Oil Importation Gulps N28.16bn in 6 Months

Sam Diala, THEWILL -
Nigeria imported palm oil to the tune of N28.16 billion in the first six months of 2022, as the value of agricultural commodities shipped into the country maintained an upward trend. Palm oil falls under the nation’s foreign exchange...
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SportsOlumide Atiba, THEWILL -

EFL Cup Round-Up: Fleetwood Make History, Abraham Fires Villa Through As Brighton Stun Man Utd

The EFL Cup delivered another dramatic night on Wednesday as Manchester United threw away a two-goal advantage at Old Trafford, Tammy Abraham rediscovered his scoring touch for Aston Villa, Everton left it late against Wolves, and Fleetwood Town pulled off one of the round's biggest surprises.
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