The total foreign exchange (forex) market turnover declined by 23.59 per cent month-on-month (MoM) to N4.28trillion or $10.30billion in November from N5.59 trillion or $13.48billion recorded...
The Naira depreciated sharply against the US Dollar at the official Investors and Exporters (I&E) forex window on Thursday, losing 4.82% of its value to close...
The Central Bank of Nigeria (CBN) has mandated all banks to name and shame defaulters of its foreign exchange policy by publishing their names and Bank...
In accordance with the new foreign exchange regulations (FX) of the Central Bank of Nigeria (CBN), commercial banks in Abuja have set up dedicated counters for...
The Central Bank of Nigeria (CBN) has to remove the opaqueness that has shrouded the country’s foreign exchange policy, to avoid a repeat of the 2016...
Nigeria must create an enabling environment that will encourage export business and attract foreign exchange (forex), the immediate past Director-General of the Lagos Chamber of Commerce...
Forex traders under the aegis of the Association of Bureaux De Change Operators of Nigeria (ABCON) have said they will start what it tagged “Operation No...
The Nigerian Government says the policy of 10 per cent of cassava flour in bread and other confectionery would reduce wheat importation while the demand for...
The Manufacturers Association of Nigeria (MAN) advised the Central Bank of Nigeria (CBN) to provide foreign exchange to manufacturers to increase their productivity. Dr Wale Adegbite,...
Nigeria’s external reserves went in an inverse direction in relations to the price of oil in the last one month. The country’s external reserves declined 2.25%...
