Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs A former spokesman of the Atiku-Okowa presidential campaign council, Daniel Bwala, has...
Official exchange rate closes at N1609.51/$1 against dollar after CBN’s policy rate hike The official exchange rate between the naira and the US dollar on Wednesday,...
Senate forms panel to investigate CBN’s N30 trillion loan to FG The Senate has established a nine-member committee to probe the N30 trillion Ways and Means...
Each BDC operator to get $20,000 daily from CBN at N1,301/$ The Central Bank of Nigeria (CBN) says it has commenced sale of dollars to...
CBN raises interest rate from 18 to 22.75% The Central Bank of Nigeria has increased monetary policy rate otherwise known as interest rate from 18 per...
CBN plans to bar BDCs from street trading, limits cash forex purchase to $500 The Central Bank of Nigeria (CBN) is considering banning Bureau De Change...
CBN introduces stricter measures for BDCs, imposes N2bn licence fee Amidst the ongoing forex crisis in Nigeria, the Central Bank of Nigeria (CBN) has implemented stringent...
CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom Service to adopt official foreign exchange...
Naira sells N1,770/$ at parallel market, 1,665/$ official window Naira on Friday closed at N1,770 against the US dollar at the parallel foreign exchange market. This...
CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in...