Forex

There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange rate in the Investors...

The net foreign exchange inflows through the economy rose year-on-year (YoY) by 22 percent to $5.15 billion in the first two months of 2023...

By Adefolarin A. OlamilekanThe volatile nature of forex availability in the Nigeria' economy exposes it dysfunctions. Regrettably, the over dependence on imports and the...

By Adefolarin A. Olamilekan It no more news that the Nigerian economy cannot be isolated from the perennially prone exogenous and vicissitudes of...

By Becky AdiNaira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning...

The Central Bank of Nigeria has revealed that it will stop the sale of foreign exchange to Deposit Money Banks by the end of...

The Centre for the Promotion of Private Enterprise, an economic think tank, has advised the Central Bank of Nigeria to review its ban on...

The Economic and Financial Crimes Commission has declared the Chief Executive Officer of a Lagos-based forex training and capital investment company, MBA Capital and...

By Adefolarin A. OlamilekanIn line with its core mandate as enshrined in the CBN act (2007), the maintenance of monetary and price stability has...

The Central Bank of Nigeria has directed banks to freeze the accounts of 38 companies operating in the country.The development was confirmed in a...