Naira slumps further against US Dollar at ₦412/$1
Naira continues on its downward slide against major currencies of the world as it dipped further against the US dollar ...
Tag: forex
CBN goes hard on BDC operators, issues various fines
Over 100 Bureau De Change Operators were fined N5 million by the Central Bank of Nigeria for various infractions in ...
Reps set to probe CBN, FIRS, others over alleged fraudulent forex dealings
The House of Representatives has decided to probe the Central Bank of Nigeria (CBN) and the Federal Inland Revenue Service (FIRS) over their ...
Nigerian Millennials have figured where to invest their money
This why Nigerian Millennials will rather invest in cryptocurrency and ponzi scheme.
Trade: Customs ban imports and exports via land borders
The Nigerian Customs Service (NCS) has announced an indefinite total closure of the border to any form of import or ...
CBN, this is one option that’s better than forex ban – Kalu Ajah
In 2015, the CBN released a list of 41 items prohibited from being imported into Nigeria with FOREX sourced from ...
Milk Import: Experts advise CBN on FX restriction
Industry experts have advised the CBN to consider consulting stakeholders before effecting the ban on access to forex for milk ...
NIGERIA: Daily Parallel Market Exchange Rate (September 27th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
Forex: Multiple rates scare investors, LCCI to CBN
The LCCI has advised CBN to curb multiplicity of exchange rates, a development it argued could send negative signals to investors.
Fixed Income Monitor: Renewed Demand Interest in the Treasury Bills Market
The average money market rate dropped by 6.36% to settle at 3.54% from 9.90% in the previous week due to ...
