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CBN FOREX POLICY

News and analysis about CBN Forex Policy

Nigerians woke up Thursday still basking in the excitement of the successful conclusion of the 2015 presidential election. Many are riding on high...
Local units of three oil companies sold dollars, on Wednesday, helping boost liquidity support for the naira and...
Nigeria's external reserves has dropped to $29.9billion for the first time since 2006. Data from the CBN website...
The naira, on Monday, traded within a range at which it has been stuck for almost a month...
Nigeria's foreign exchange reserves fell 9.04 percent to $30,873,757,494 ($30.87 billion) by March 4, from $33.94 billion a...
Guaranty Trust Bank Plc. (12 months ended December 2014) Guaranty Trust Bank (GTB) reported results for the 12...
Reports suggest First Bank has been sending messages to its depositors and debit card holders that it has...
Nigeria's naira closed at 202.10 on the interbank market, weaker than Tuesday's close of 201.10 naira to the...
Last week, the Central Bank of Nigeria, introduced restrictions within the Nigerian Foreign Exchange (FX) Market; in reaction...
The Central Bank of Nigeria issued a stunning circular on Wednesday indicating that it had closed down the...
The Nigeria's central bank has scrapped rDAS market which it conducted bi-weekly following a circular issued. But the...
The Central Bank has spent $380 million in two days defending the naira, after it conducting special forex...