Mr Emmanuel Auta, the Managing Director, Abegyi Nigeria Limited, told an FCT High Court, Kubwa how Mr Philemon Gora allegedly swindled him of N80 million in...
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in...
The Central Bank of Nigeria (CBN) says it will commence the immediate refund of capital deposits and licensing fees (where applicable) to promoters who have pending...
The Central Bank of Nigeria (CBN) has stopped forex sales to Bureau De Change (BDC) operators in the country. The Central Bank Governor, Godwin Emefiele announced...
The Lagos Chamber of Commerce and Industry has said that the Central Bank of Nigeria’s policy on foreign exchange is not credible enough to attract the...
The naira strengthened to N440 to a dollar at the parallel market on Tuesday, compared with the N465 to a dollar it was the previous day....
The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN) announced that it would resume dollar...
The Central Bank of Nigeria (CBN) has announced that it will resume weekly forex sales to Bureau de Change operators from August 31. In a circular...
The Central Bank of Nigeria on Thursday said it would on Friday release the sum of $100m to authorised dealers to meet the requests of genuine...
Worried by the continued widening gap between the inter-bank foreign exchange and parallel market rates, the National Economic Council, NEC, on Thursday demanded the immediate review...
The Central Bank of Nigeria (CBN) has tightened its operational guidelines on foreign exchange (forex) trading among banks and other authorised dealers. Defaulting banks risk...
Companies in Nigeria are in the midst of one of the toughest economic turmoil they have ever seen. Some of these guys have never experienced a...
