The Economic and Financial Crimes Commission has threatened to arrest Nigerians hoarding dollars and other foreign currency. Chairman of the anti-graft agency, Abdulrasheed Bawa, made this...
The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after security operatives raided Bureaux De Change (BDC) hub...
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed...
The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50 on Tuesday, representing 0.12 per cent...
Nigeria’S foreign reserves have dropped to $38.59 billion as the Central Bank of Nigeria (CBN) continued its currency float management that had seen the apex bank...
The naira has weakened against the dollar at the parallel market, trading at N570 amid demand for the currency during the yuletide season. This is a...
The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators, who spoke to our correspondent, said...
The naira on Thursday appreciated further against the dollar at the parallel market, trading at N530 per dollar. The naira has thus gained N10, which is...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the...
The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for dollar and other hard...