USD Poised For June Bounce Back After 34 Week Record Loss
The USD (greenback) continued it 3 week losing streak as the dollar…
Buhari Insists On Local Food Consumption, Orders CBN To Sideline Importers
Nigerian President, Muhammadu Buhari, has directed the Central Bank of Nigeria (CBN)…
“Banks you regulate use parallel market rates” – Nigerians react to Emefiele’s claims on forex
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has taken…
Cost Of Prepaid Meters Increases By 19.6 %, Says IKEDC
Ikeja Electricity Distribution Company (IE) has announced that the prices of meters…
COVID-19. More woes as the Naira falls to N450 to 1 Dollar amid FX scarcity
Nigeria faces another major setback amidst the Covid-19 pandemic as the…
CBN Injects $210m Into Forex Market
The Central Bank of Nigeria (CBN) has injected the sum of 210…
Forex: Central Bank of Nigeria (CBN) injects $325.5m into retail market
The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the…
Buhari to CBN: Don’t give forex to food importers
President Muhammadu Buhari on Tuesday said he had directed the Central Bank…
Forex stability: CBN intervenes with fresh $279.13m, CNY 46.92m for retail SMIS
The Central Bank of Nigeria has injected fresh $279.13m and CNY 46.92m…
Forex market: CBN widens margin for BDCs by N3
The Central Bank of Nigeria (CBN) has approved an upward review of…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all…
CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange…
CBN injects $210m into Foreign Exchange market
The Central Bank of Nigeria (CBN) has injected another 210 million dollars…
FOREX: CBN maintains market liquidity with $195m
The Central Bank of Nigeria (CBN) on Monday continued to maintain liquidity…
Fidelity Bank, LBS move to boost foreign exchange earnings with export initiative
Fidelity Bank Plc has expressed readiness to support the Federal Government non-oil…
Naira rebounds against dollar
The Naira on Tuesday, appreciated against the dollar at the parallel market.…
Naira maintains position at parallel market
The Naira on Monday remained stable at the parallel market, exchanging at…
Why CBN interventions fail to save Naira
Financial experts have diagnosed plausible reasons for the steady depreciation of the…
NSE market capitalisation increases by N208bn
Transactions sustained positive trend on the Nigerian Stock Exchange (NSE) on Friday…
Forex: Naira loses against dollar
The naira on Thursday continued to fall against the dollar at the…
Naira dips further against dollar
The naira on Monday depreciated further against the dollar at the parallel…
Naira sustains gain at parallel market
The naira on Wednesday appreciated against the dollar at the parallel market,…
Naira gains marginally against dollar
The Naira on Wednesday appreciated marginally against the dollar at the parallel…
Naira appreciates against dollar
The Naira on Monday appreciated against the dollar at the parallel market,…
Dollar falls to N360 as CBN pumps additional $195m
The Central Bank of Nigeria (CBN), in continuation of its drive to…
NASS to seek special dollar exchange rate for pilgrims – Rep Salame
The National Assembly will seek special dollar exchange rate for both Christian…
FG targets $8 billion forex earning annually from yam export
The Federal Government says it is targeting about eight billion dollars as…
FG targets $8 billion forex earning annually from yam export
The Federal Government says it is targeting about eight billion dollars as…
CBN injects $195m into foreign exchange market
Following its 800 million dollars intervention in the inter-bank Foreign Exchange (FOREX)…
CBN injects $413.5m in economy to sustain Naira value
The Central Bank of Nigeria (CBN) on Monday intervened in the inter-bank…