The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the apex bank...
The Central Bank of Nigeria (CBN) has said that it would no longer allocate foreign exchange to currency...
It’s been almost a month since the Central Bank of Nigeria stopped the sale of forex to Bureau...
The divorce between the Central Bank of Nigeria and the Bureau De Change has created a vacuum in...
The latest decision of the Central Bank of Nigeria (CBN) to stop the sale of FOREX to Bureau...
The CBN cautioned forex dealers to desist from defacing or stamping dollar banknotes as such notes always failed authentication tests during sorting.
ABCON has confirmed that some of its members were invited for questioning over some of their transactions.
BDC operators have declared operational war against foreign exchange speculators and black market dealers distorting the naira exchange rate.
For most speculators who bought forex at less than N400/$1, they are pondering whether to sell
The CBN has directed the resumption of forex to BDCs.
Nigeria’s external reserves have continued to decline unabated as it shed $3.33 billion within the last 3 months.
Naira has depreciated to its weakest level since February 2017 at the parallel market, which is also known as the black market.
