EFCC arrests 200 BDC operators for alleged forex fraud The Economic and Financial Crimes Commission has arrested over 200 suspects in connection with foreign exchange scams and...
Forex: FG to delist naira from P2P platforms The Federal Government is set to delist the naira from all Peer-to-Peer platforms to reduce the manipulation of...
Forex: EFCC can freeze 1,146 individual, company bank accounts, court rules A Federal High Court, Abuja has granted an interim order sought by the Economic and Financial Crimes...
Anxiety as dollar exchanges for N1,420/$ on parallel market There are fears prices of essential goods including food items in Nigeria may begin to rise again...
Naira records five-month highest gain, sells below N1000/$ at parallel market The naira continued its positive showing against the United States dollar on Monday, selling below N1000/$...
CBN lifts restrictions on forex access for importation of dairy products The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk...
Naira sells N1,600/$ at parallel market, N1,602.75/$ @official window The naira was sold for N1,600 per dollar at the parallel market on Friday, falling by 1.91...
Naira drops further to N1,620/$ There is no respite yet for the naira on the foreign exchange market. The naira on Friday depreciated further to N1,620...
Forex crisis, declining investment threaten Nigeria’s 70% broadband target Nigeria’s efforts to achieve a 70% broadband penetration by 2025 are facing significant challenges due to the...
Dangote Sugar incurs N172 billion in forex losses, ends 2023 with N108.9 billion loss Dangote Sugar Refinery Plc has reported a loss before tax of N108.92...