Bureau De Change operators supplied the dollars at various rates in the black market on Wednesday. To the surprise of many who stormed the black market...
Amid lingering forex scarcity, Nigerian banks have instructed their customers looking to buy foreign currency to put in their application 30 days ahead. This is coming...
Capital importation into Nigeria dropped to $6.7 billion in 2021 as foreign investors ran away from having their money trapped in Naira. The amount recorded in...
Industrialists and Manufacturers on Monday, March 8, said the Naira 4 Dollar Scheme, an initiative by the Central Bank of Nigeria to encourage diaspora remittances would...
Recipients of diaspora remittances via international money transfer operators will henceforth receive such inflows in foreign currency as the Central Bank of Nigeria (CBN) moves to...
If the Minister of State for Aviation, Hadi Sirika has his way, the paucity of foreign exchange which is already taking a toll on the activities...
There are growing concerns for air safety as airline operators in Nigeria cry out over forex shortages which have hindered their smooth operations. The operators...