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...
The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales (SMIS) for airlines operating in the country to enable them to...
Audu Ogbeh, the minister of agriculture and rural development, says the ministry will begin the paddock development (growing of special grasses for cattle) in August. News...
The naira remained stable on Monday at the parallel market, ahead of the Central Bank of Nigeria (CBN) monetary policy committee (MPC) decisions on the economy....
Ben Bruce, senator representing Bayelsa east, says it is unfair for President Muhammadu Buhari to ban forex for Nigerian students schooling abroad, while his own children...