Tag: Forex

What Is The True Value Of The Naira?
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The naira has recorded further gain against the United States dollar on the parallel market, closing at N365/$....

Naira To Appreciate As CBN Plans To Pump More Dollar Into Forex Market
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In a relentless bid to achieve convergence of rates between the interbank and Bureau de Change segments of...

What Is The True Value Of The Naira?
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The retail segment of the interbank forex market received a huge boost on Friday after the Central Bank...

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The Central Bank of Nigeria (CBN) on Tuesday barred 15 banks from dealing in foreign exchange through the...

EFCC Arrests 8 LG Councillors In Yola
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The Economic and Financial Crimes Commission (EFCC) on Wednesday summoned more senior officials of the Central Bank of...

NNPC recorded N197 billion loss in 2016
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The Nigerian National Petroleum Corporation (NNPC) has announced that it has in stock, a robust inland supply of over...

What Is The True Value Of The Naira?
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The Naira is set to appreciate further in the week as the Central Bank of Nigeria (CBN) plans...

Nigeria’s External Reserves Continue To Increase, Hit $26.5bn
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The Central Bank of Nigeria (CBN) has said that it will direct commercial banks to sell business and...

Naira, Dollar, Parallel Market
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The Nigeria’s Naira on Monday continued on the path of appreciation against the United States' Dollar on the...

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The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales for airlines operating...

Who The Parallel Forex Market ‘Epp’?
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Who the Parallel Forex Market ‘Epp’?, By Olamide Eyinla The main issue in Nigeria presently is the value...

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The Central bank of Nigeria (CBN) on Tuesday announced that it had licensed 11 new international money transfer...

Naira, Dollar, Parallel Market
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The Central Bank of Nigeria (CBN) has directed all forex dealers – most of whom are deposit money...

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Re-introducing and Operationalizing Nigeria’s Flexible                          ...

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The Floating Naira Exchange Rate Explained In Lay Terms The Central Bank governor announced, Wednesday, following months of pressure...

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The Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu, has reacted to an...

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The Central Bank of Nigeria, CBN has divulged that the decision of Deposit Money Banks to place a...

cbn ATM
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An email sent recently by Standard Chartered Bank Nigeria to its customers has divulged plans by the Central...