Naira drops further against Dollar, inches towards N1000/$1
The Naira continued its depreciation against the United States dollar on Thursday, at both the official and unofficial (black)…
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Forex
CBN officially announces unification of all exchange rates
The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex exchange (FX) market.
In a…
Naira redesign: Nigeria may experience forex, inflationary challenges, ICAN…
The Institute of Chartered Accountants
CBN warns banks against borrowing from it to fund forex, auctions
The Central Bank of Nigeria (CBN) has warned commercial banks
Nigeria’s forex inflow drops 17% to $6.6bn
The Central Bank of Nigeria (CBN) has said that aggregate foreign exchange inflows into the nation’s economy fell by 17.3 per cent…
CBN to stop sale of forex to banks by year end
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.…
Buhari promises Nigerian manufacturers improved access to forex
Manufacturers got an assurance
Forex: CBN should rethink demand management strategy – Osinbajo
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
Popular online foreign exchange update platform, Aboxi FX has said it will continue operating at full functionality but will stop…