forex

Naira hits new low at N820/$, as forex supply gap persists

Naira hits new low at N820/$, as forex supply gap persists At the backdrop of sustained supply gap in Nigeria’s foreign…

1 year ago

Foreign investors may return as FG plans forex injection into economy

Foreign investors may return as FG plans forex injection into economy The Federal Government may inject some foreign exchange into…

1 year ago

Dollar sells for N755 as FG unifies exchange rates

Dollar sells for N755 as FG unifies exchange rates The Federal Government may have finally unified the exchange rate as…

1 year ago

NIS Blames Delay In Passport Production On COVID-19, Forex

The Acting Comptroller-General of the Nigeria Immigration Service, Isa Idris, has blamed the delay in passport production on the lockdown…

3 years ago

Nigeria’ll save 40% of forex earnings with Dangote Refinery – Emefiele

Governor of the Central Bank of Nigeria, Godwin Emefiele, has said Nigeria will save 40 per cent of its foreign…

3 years ago

CBN bans forex sale to bureau de change operators

The Central Bank of Nigeria has stopped the sale of foreign exchange to Bureau De Change operators in the country.…

3 years ago

CBN to sanction banks denying customers foreign exchange

The Central Bank of Nigeria has handed down a warning to banks’ chief executive officers to be prepared for heavy…

3 years ago

Naira crashes again, goes for N502/$1 on parallel market

The naira on Friday exchanged at N502 to one dollar on the parallel market due to what finance experts termed…

3 years ago

To tackle inflation, Buhari insists no forex for food import

President Muhammadu Buhari has again directed the Central Bank of Nigeria (CBN) not to grant foreign exchange for food importation.…

4 years ago