Price Of Diesel Drops By Over 30% In Four Months
Following the fluctuations in forex and international crude oil prices, the ex-depot…
Economist tasks CBN on continuous foreign exchange intervention to sustain Naira appreciation
An economist, Mr Charles Mordi has urged the Central Bank of Nigeria…
Naira Strengthens as NSE gains N417bn to cross N11trn in six hours
The Nigerian naira appreciated against the dollar on Monday as the Nigerian…
Naira Steadies At N385/dollar
The naira closed flat at N385 against the United States dollar on…
New forex policy will encourage foreign investors’ return – financial expert
A financial expert, Dr Uche Uwaleke, says the new foreign exchange window…
Uncovered dollars, a reflection of lingering issues in our society — former Aviation Minister
Dr Osita Chidoka, a former Minister for Aviation, said on Thursday that…
Emefiele: “We Have Firepower and Ammunition To Defend The Naira”
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said…
Naira consolidates gain against Dollar
The Naira on Thursday strengthened against the dollar in all the major…
Nigeria: Foreign exchange policy hindering economic recovery – World Bank
The World Bank has said that restrictions on access to foreign exchange…
CBN pumps $100m into forex market
The Central Bank of Nigeria, CBN has pumped a total $380million within…
Naira strengthens against dollar at parallel market
The naira firmed against the dollar at the parallel market on Tuesday,…
Forex stability: financial experts’ predict further drop in inflation rate
Some financial experts on Friday expressed optimism that the nation’s inflation figure…
CBN reiterates determination to sustain foreign exchange liquidity
The Central Bank of Nigeria (CBN) on Sinday reiterated its determination to…
Naira appreciates in all segments of FOREX Market
The Naira on Monday appreciated in all the major segments of the…
Forex: Banks seek buyers as CBN continues to flood market
The new strategy of the Central Bank of Nigeria (CBN) to meet…
Telecoms operators seek direct foreign exchange allocation
The Association of Licensed Telecommunications Operators of Nigeria (ALTON), has called for…
China foreign reserves rebound above $3 trln, first rise in 8 months
China’s foreign exchange reserves unexpectedly rose for the first time in eight…
CBN Offers $367m For Forex Forwards
The Central Bank of Nigeria on Monday said it carried out another…
Naira Strengthens Further, Sells At N425/$ In Parallel Market
The naira continued to regain strength and appreciate in value in the…
CBN FX review will force black market exchange rates down – expert
A financial expert on Friday said that the new foreign exchange allocation…
Newly introduced foreign exchange policy will strengthen naira — CBN
The newly introduced foreign exchange policy by the Central Bank of Nigeria…
CBN directs banks to open foreign exchange outlets in major airports
To ease the burden of travellers, the Central Bank of Nigeria (CBN)…
CBN instructs banks to sell FX to foreign student at subsidized rate
In line with its determination to boost dollar supply in the economy…
Foreign exchange risk hindered investment in 2016-Report
PriceWaterHouseCoopers (Pwc) said that the continued lack of clarity around foreign exchange…
FG may reverse forex restriction of 41 items, says Customs
The Zonal Coordinator, Zone A, of the Nigerian customs Service (NCS), Assistant…
Reps summon Emefiele over foreign exchange sale to oil marketers
The House of Representatives on Monday summoned Central Bank of Nigeria (CBN)…
Nigeria’s External Reserves Increases To $27bn
Nigeria’s forex reserves have increased further, this time to 27.82 billion dollars…
CBN commences sale of forex to BDCs
The Central Bank of Nigeria (CBN) started auctioning 250 million dollars to…
Manufacturers urge FG to provide adequate foreign exchange to boost production
The Manufacturers Association of Nigeria (MAN), Ogun Chapter, has urged the Federal…
Forex crisis: Expert seeks CBN review of ban on 41 items
A financial expert on Monday called on the Central Bank of Nigeria…