Business CBN officially announces unification of all exchange rates Oluwadamilare Emmanuel Jun 15, 2023 The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex exchange (FX) market. In a…
Business Naira redesign: Nigeria may experience forex, inflationary challenges, ICAN… Oluwadamilare Emmanuel Dec 13, 2022 The Institute of Chartered Accountants
CBN warns banks against borrowing from it to fund forex, auctions Oluwadamilare Emmanuel Oct 10, 2022 The Central Bank of Nigeria (CBN) has warned commercial banks
Nigeria’s forex inflow drops 17% to $6.6bn Oluwadamilare Emmanuel Aug 25, 2022 The Central Bank of Nigeria (CBN) has said that aggregate foreign exchange inflows into the nation’s economy fell by 17.3 per cent…
Business CBN to stop sale of forex to banks by year end Oluwadamilare Emmanuel Feb 11, 2022 The Central Bank of Nigeria (CBN) has revealed that it would stop the sale of foreign exchange to banks by the end of the year.…
Business Buhari promises Nigerian manufacturers improved access to forex Oluwadamilare Emmanuel Dec 30, 2021 Manufacturers got an assurance
Business Forex: CBN should rethink demand management strategy – Osinbajo Oluwadamilare Emmanuel Oct 11, 2021 Vice President Yemi Osinbajo on Monday said Nigeria’s official exchange rate is “artificially low”. He made the remark
Aboki FX breaks silence, reacts to CBN threats Oluwadamilare Emmanuel Sep 18, 2021 Popular online foreign exchange update platform, Aboxi FX has said it will continue operating at full functionality but will stop…
Buhari cancels Forex for food, fertiliser importation Oluwadamilare Emmanuel Sep 11, 2020 The Central Bank of Nigeria (CBN) has been directed not to make foreign exchange (forex) available to importers of food items and…