In a bid to ensure full compliance of the new CBN forex directive, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday embarked...
Nigeria’s foreign reserves have risen to $40.4 billion, the highest level dating back to October 2014. The figure represents an increase of about $1 billion between...
Any progress that makes availability of dollars in its economy temporarily possible can only be sustainable, if a more definite reform policies are put in place...
The policy of the Central Bank of Nigeria restricting forex for 41 items has taken a negative toll on businesses in Nigeria’s maritime industry, particularly the...
Pictures don’t tell lies! President Muhammadu Buhari made a majestic return to office on Monday. It was his first day at work after a 50-day absence...
Anxiety has gripped motorists and commuters as a new CBN policy on foreign transaction by banks is said to have caused more scarcity of dollars in...
The Central Bank of Nigeria, CBN, has said plans are on to have Bureau De Change, BDC, operators participate in the flexible exchange rate inter-bank market...
The much awaited new forex regime commenced on Monday as the Central Bank of Nigeria (CBN) sold a total of $616.5 million at N280.00 per dollar...
Nigeria would be misguided to persist with currency policies that have led to a record difference between the naira’s official and black-market rates, according to the...
The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the decision of the Central Bank of Nigeria (CBN) to stop foreign exchange sale...
