The official foreign exchange market closed Tuesday’s trading at N464.67 kobo/$1, as investors and exporters were charged more for the purchase of the Dollar. According to...
The Central Bank of Nigeria, CBN, has said that it sold $4.47 billion forex to authorised dealers between April and May, 2019. The CBN stated this...
The Central Bank of Nigeria (CBN) on Tuesday said $210 million had been freshly injected to boost the Nigerian foreign exchange market. The apex bank had...
The Central Bank of Nigeria’s (CBN’s) fourth quarter economic report has revealed that about $39.9 billion was injected into the foreign exchange market to defend the...
Complaints from a cross section of small and medium-size Enterprises (SMEs) that bureaucracy is hindering their access to foreign currencies has seen the Central Bank of...
Airline operators in Nigeria can now heave a sigh of relief, especially, if the current move by the Minister of State (Aviation), Hadi Sirika in convincing...
Chief Executive Officers of major banks in the country say there has to be some adjustment in the present level of the naira, in terms of...
The Central Bank of Nigeria sold $5.3 billion to defend the naira in October even as foreign exchange inflow into the economy fell by 5.4 percent...
While political actors argue over the appropriateness or otherwise of the postponement of the elections earlier scheduled for February 14 and 28, the country’s economy has...
