forex

CBN issues new forex guidelines on BDC transactions

CBN issues new forex guidelines on BDC transactions The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow…

4 weeks ago

Forex: Naira hits N1,675/$ at parallel market

Forex: Naira hits N1,675/$ at parallel market The Naira yesterday appreciated to N1,675 per dollar in the parallel market from…

3 months ago

Forex: CBN sells $20,000 to each BDC at N1,580/$

Forex: CBN sells $20,000 to each BDC at N1,580/$ The Central Bank of Nigeria (CBN) has announced plans to inject more…

4 months ago

Dealers, forex responsible for high prices of cement — BUA

Dealers, forex responsible for high prices of cement — BUA The Chairman of BUA Cement, AbdulSamad Rabiu, yesterday, said cement dealers frustrated…

4 months ago

Forex: BDC operators speak on why naira has failed to recover

Forex: BDC operators speak on why naira has failed to recover Bureau De Change (BDC) operators in Nigeria have raised concerns over…

4 months ago

Lagos court resumes trial of $950,000 forex fraud allegations Nov 12

Lagos court resumes trial of $950,000 forex fraud allegations Nov 12 The Federal High Court sitting in Lagos will, on November 12,…

5 months ago

Naira in massive gain at forex over dollar

Naira in massive gain at forex over dollar The naira saw significant appreciation against the dollar in both the official and…

5 months ago

A’Ibom forex broker arraigned over N2bn scam

A’Ibom forex broker arraigned over N2bn scam The Economic and Financial Crimes Commission (EFCC) has arraigned one Rufus John Isip, a self-acclaimed forex…

5 months ago

CBN to sell $20,000 to each BDC at N1,450/$

CBN to sell $20,000 to each BDC at N1,450/$ The Central Bank of Nigeria (CBN) says it will offer foreign…

5 months ago

CBN ends Forex price verification portal for importers

CBN ends Forex price verification portal for importers The Central Bank of Nigeria (CBN) says the foreign exchange (FX) price…

6 months ago