Naira hits new low at N820/$, as forex supply gap persists At the backdrop of sustained supply gap in Nigeria’s foreign exchange (forex) market, the local currency,...
Foreign investors may return as FG plans forex injection into economy The Federal Government may inject some foreign exchange into the economy to shore up the...
Dollar sells for N755 as FG unifies exchange rates The Federal Government may have finally unified the exchange rate as the United States dollar on Wednesday...
The Acting Comptroller-General of the Nigeria Immigration Service, Isa Idris, has blamed the delay in passport production on the lockdown occasioned by COVID-19 pandemic as well...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said Nigeria will save 40 per cent of its foreign exchange earnings when the Dangote Refinery...
The Central Bank of Nigeria has stopped the sale of foreign exchange to Bureau De Change operators in the country. The CBN governor, Godwin Emefiele, made...
The Central Bank of Nigeria has handed down a warning to banks’ chief executive officers to be prepared for heavy sanctions should their banks deny customers...
The naira on Friday exchanged at N502 to one dollar on the parallel market due to what finance experts termed pressure from panic buyers on the...
President Muhammadu Buhari has again directed the Central Bank of Nigeria (CBN) not to grant foreign exchange for food importation. He said this was one of...
