Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs A former spokesman of the Atiku-Okowa presidential campaign council, Daniel Bwala, has...
Forex: Naira sells at N1,500/$ parallel market Naira traded at N1,500/$ on Wednesday at the parallel market, representing a gain of 9.09 percent from N1,650/$...
Each BDC operator to get $20,000 daily from CBN at N1,301/$ The Central Bank of Nigeria (CBN) says it has commenced sale of dollars to...
CBN plans to bar BDCs from street trading, limits cash forex purchase to $500 The Central Bank of Nigeria (CBN) is considering banning Bureau De Change...
CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom Service to adopt official foreign exchange...
Again, Naira closes above N1500/$1 amid declining forex turnover The intra-day high reached a peak of N1,582 against the US dollar on Wednesday, accompanied by a...
Nigerians groan as cement price skyrockets to N6,500 per bag amid forex woes, inflation Just over two months, there has been a significant surge in the...
Reps discover 5 banks withholding $5bn in forex On Wednesday, the House of Representatives discovered that five banks were withholding $5 billion in currencies. Worried about...
Hajj fare rises to N4.9m amid lingering forex crisis Muslims intending to perform this year’s pilgrimage will have to pay more than they planned to as the foreign...
CBN initiates legal actions against forex defaulters The Central Bank of Nigeria (CBN) has announced its intention to prosecute forex defaulters nationwide following an independent forensic...