Tag: How Federal Govt Gained N1.4trn Revenue in 6 Months From Forex

    Nigeria’s foreign exchange reform in June increased the country’s revenue through FX differences to N1.36 trillion in six months. The Federation Account Allocation Committee, FAAC, disclosed this in its communiqué. The gains come as foreign exchange revaluation led to the depreciation of the naira, which currently sells at N885.88/$1, compared to its 2022…