forex

Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs

Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs   A former spokesman of the Atiku-Okowa…

9 months ago

Forex: Naira sells at N1,500/$ parallel market

Forex: Naira sells at N1,500/$ parallel market   Naira traded at N1,500/$ on Wednesday at the parallel market, representing a…

9 months ago

Each BDC operator to get $20,000 daily from CBN at N1,301/$

Each BDC operator to get $20,000 daily from CBN at N1,301/$   The Central Bank of Nigeria (CBN) says it…

9 months ago

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500 The Central Bank of Nigeria (CBN)…

9 months ago

CBN to Customs: Adopt official forex rate for import duty

CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom…

9 months ago

Again, Naira closes above N1500/$1 amid declining forex turnover

Again, Naira closes above N1500/$1 amid declining forex turnover The intra-day high reached a peak of N1,582 against the US…

10 months ago

Nigerians groan as cement price skyrockets to N6,500 per bag amid forex woes, inflation

Nigerians groan as cement price skyrockets to N6,500 per bag amid forex woes, inflation Just over two months, there has…

10 months ago

Reps discover 5 banks withholding $5bn in forex

Reps discover 5 banks withholding $5bn in forex On Wednesday, the House of Representatives discovered that five banks were withholding…

10 months ago

Hajj fare rises to N4.9m amid lingering forex crisis

Hajj fare rises to N4.9m amid lingering forex crisis Muslims intending to perform this year’s pilgrimage will have to pay more than…

10 months ago

CBN initiates legal actions against forex defaulters

CBN initiates legal actions against forex defaulters The Central Bank of Nigeria (CBN) has announced its intention to prosecute forex…

10 months ago