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CBN FOREX POLICY

News and analysis about CBN Forex Policy

It appears Nigeria is not the only country facing depleting forex reserves. However, whilst the CBN blames public...
According to the Nation report; Bureau de Change operators consume on the average, over $1billion in foreign exchange...
The CBN in its latest MPC meeting raised its Cash Reserve Requirements on public sector funds from 50%...
The naira depreciated marginally against the United States dollar at all the forex market segments last week due...
A friend was going traveling out of the country for the Xmas holiday with his family. It is...
The Central Bank of Nigeria (CBN) yesterday increased its supply of the dollar at the Retail Dutch Auction...
The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money...
The current CBN Governor is usually not one to hold his peace when it comes to matters involving...
At the recently concluded MPC meeting yesterday where the CBN voted to hold MPR at 12% for the...
  CBN Deputy Governor (Operations), Mr. Tunde Lemo, told THISDAY at the weekend that the central bank would...
On a recent impromptu trip to the US, I borrowed about about £680 from a friend promising to...
On a faithful day on the 3rd of December 2008 Nigerians woke up to a 6.58% depreciation of...