forex

EFCC arrests 200 BDC operators for alleged forex fraud

EFCC arrests 200 BDC operators for alleged forex fraud The Economic and Financial Crimes Commission has arrested over 200 suspects in…

7 months ago

Forex: FG to delist naira from P2P platforms

Forex: FG to delist naira from P2P platforms The Federal Government is set to delist the naira from all Peer-to-Peer…

8 months ago

Forex: EFCC can freeze 1,146 individual, company bank accounts, court rules

Forex: EFCC can freeze 1,146 individual, company bank accounts, court rules A Federal High Court, Abuja has granted an interim order sought…

8 months ago

Anxiety as dollar exchanges for N1,420/$ on parallel market

Anxiety as dollar exchanges for N1,420/$ on parallel market There are fears prices of essential goods including food items in…

8 months ago

Naira records five-month highest gain, sells below N1000/$ at parallel market

Naira records five-month highest gain, sells below N1000/$ at parallel market The naira continued its positive showing against the United States…

9 months ago

CBN lifts restrictions on forex access for importation of dairy products

CBN lifts restrictions on forex access for importation of dairy products The Central Bank of Nigeria (CBN) has lifted the…

9 months ago

Naira sells N1,600/$ at parallel market, N1,602.75/$ @official window

Naira sells N1,600/$ at parallel market, N1,602.75/$ @official window The naira was sold for N1,600 per dollar at the parallel…

10 months ago

Naira drops further to N1,620/$

Naira drops further to N1,620/$  There is no respite yet for the naira on the foreign exchange market. The naira…

10 months ago

Forex crisis, declining investment threaten Nigeria’s 70% broadband target

Forex crisis, declining investment threaten Nigeria’s 70% broadband target Nigeria’s efforts to achieve a 70% broadband penetration by 2025 are…

10 months ago

Dangote Sugar incurs N172 billion in forex losses, ends 2023 with N108.9 billion loss

Dangote Sugar incurs N172 billion in forex losses, ends 2023 with N108.9 billion loss Dangote Sugar Refinery Plc has reported…

10 months ago