Nigeria’s External Reserves Increases To $27bn
Nigeria’s forex reserves have increased further, this time to 27.82 billion dollars…
World Bank Predicts When Nigeria Will Get Out Of Recession
The World Bank has predicted an end to Nigeria's economic woes. This…
NSE Loses N54 billion To Continue Losing Streak
Activities at the Nigerian Stock Exchange (NSE) ended for the week on…
Naira weakens against dollar as CBN maintains benchmark rate
The Naira on Tuesday weakened against the dollar few hours after the…
Effect Of Trump’s Victory On Naira – Experts
An economist and an analyst on Wednesday said the election victory of…
Panic As Naira Depreciates Three Times In Six Hours
Currency traders on Wednesday in Lagos became apprehensive as the Naira depreciated…
Traders Commend CBN As Naira Appreciates To N280 To A Dollar
As the Nigerian naira appreciates to N280 to a dollar on the…
Naira Exchanges At N280 Per Dollar
The Nigerian currency, the Naira is inching towards the N280 to the…
FirstBank Now the Sole FX Dealer to BDCs
The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorized…
Selling Dollar Above N356 Is Illegal – ABCON President
Alhaji Aminu Gwadabe, President, Association of Bureau de Change Operators of Nigeria…
Erisco Foods about to shut down, 1500 workers to lose their jobs
Chief Eric Umeofia, the CEO of Erisco Foods Limited, addressing members of…
Recession: EU Official Advises Buhari To Devalue Naira
European Union (EU) has called on Nigerian President, Muhammadu Buhari to devalue…
Naira Rises Against Dollar
The Naira on Friday appreciated against the dollar at the interbank market,…
Naira appreciates against dollar in all segments of Forex market
The Naira on Friday appreciated against the dollar in all the segments…
CBN Reinstates 9 banks Suspended From Forex market
Nine banks that were recently suspended from the foreign exchange market have…
LCCI faults allocation of 60% forex to manufacturers
Nigeria’s Lagos Chamber of Commerce and Industry has described the allocation of…
Forex Crisis: Nigeria Should Pull Out Of OPEC
The General Manager, Western Ports, Nigeria Ports Authority, Chief Michael Ajayi, has…
CBN Orders Banks To Shut Down The Following Accounts
The Central Bank of Nigeria (CBN) has ordered deposit money banks (DMBs)…
Naira Hits A New Low, Slips To 409/Dollar
The Nigerian currency, naira, has slipped further to hit a new all…
FG Is Making People Billionaires Through Forex – Emir Sanusi
The Emir of Kano, Muhammadu Sanusi ll, has said the Nigerian government…
UBA, FBN lead banks in violation of TSA; CBN Clamps Down
The United Bank for Africa (UBA), First Bank Nigeria and 7 other…
CBN Mandates banks to sell 60% Forex to manufacturers
The Central Bank of Nigeria (CBN), yesterday mandated that banks are to…
Forex Scarcity To Linger Until Dangote Comes Onstream In 2019 – FG
The perennial shortage of foreign exchange affecting Nigeria is expected to continue…
Naira dips against dollar
The Naira on Monday depreciated against the dollar at the parallel market,…
Naira Rises Against Dollar
As against the continuous fall of the naira against the dollar, the…
NSE market indicators rebound by 0.55%
Activities on the Nigerian Stock Exchange (NSE) recorded positive trend on Wednesday,…
Naira strengthens against dollar
The Naira on Wednesday appreciated against the dollar at the parallel market,…
CBN Orders New Directive On Forex Sale To BDCs
The Central Bank of Nigeria, CBN, has yesterday set a new limit…
14 Airlines Withdraw Service From Nigeria As Naira Suffers Continuous Fall
A total of fourteen airlines have reportedly withdrawn their services from Nigeria…