FG assures long-term gains from economic reforms
The Federal Government has reassured Nigerians that ongoing economic reforms, including the removal of fuel subsidies, foreign…
Browsing Tag
Foreign exchange
Nigeria’s FX reserves hit $46bn
Nigeria’s foreign exchange (FX) reserves climbed to $46 billion on January 22, reaching their highest level in nearly eight years.…
Exchange rate: FG begins clamp down on ‘Aboki FX’ website, owner
The Federal Government through its bank, the Central Bank of Nigeria (CBN) on Friday said it will shut down the operations of…
Naira sinks further against dollar, pounds
The Naira depreciated further in the parallel market on Tuesday hitting N557 to the US dollar.While the value was stable on the…
CBN resumes sales of foreign exchange to licensed BDC operators
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in…