Forex Crisis: FG Blocks Binance, OctaFX, Coinbase And Others
The Tinubu-led Federal Government has blocked Binance, OctaFX, Coinbase and other cryptocurrency…
Nigeria Unifies Forex Rates; Boosts Investor Confidence
The foreign exchange market is one of the biggest financial markets in…
Experts hail CBN’s decision to stop forex sale to BDC operators
An economist, Prof. Akpan Ekpo, has commended the Central Bank of Nigeria…
JUST IN: CBN Stops Forex Sales To BDCs
The Central Bank of Nigeria (CBN) has stopped the sales of foreign…
‘Forex’ trader, Oluwaseun Afolabi, dragged to court over alleged N3m fraud
A 26 -year-old businesswoman, Oluwaseun Afolabi, who allegedly obtained three million naira…
CBN increases forex allocation to banks, assures liquidity for invisibles
The Central Bank of Nigeria (CBN) has concluded plans to increase the…
Unilorin student, 19, loses N300m to forex, commits suicide
A 19-year-old University of Ilorin student, Gbenga Favour Olaoye-Akanbi, has ingested poison…
NiDCOM Boss Commends CBN for Diaspora-Friendly Forex Policy
The Nigerians in Diaspora Commission (NiDCOM) on Tuesday commended the Central…
Nigerians drag Comedian Ebiye for buying Benz on Credit, Refusing to Repay Loan
As is the norm of celebrities living fake life on social media,…
Forex Responsible For Hike In Petrol Price In Nigeria- Expert
Mr Ronke Onadeko, an expert in oil and gas, says high exchange…
FOREX: All Oil marketers must be treated the same way as NNPC- CSOs to CBN
A consortium of Civil Society Organisations (CSOs) has asked the Central Bank…
FOREX: Expert Urges CBN To Support Banks
A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of…
Manufacturers Blast Buhari, FG over Ban on Forex for Food Imports
Nobody should be given money for food" Buhari said during the National…
FOREX: Dollar Holds Tight Ahead Of Key U.S. Jobs Data
The dollar steadied against major currencies on Friday as traders awaited key…
CBN reveals new date for selling FOREX to BDC Operators
The Central Bank of Nigeria (CBN) says it has commenced the sales…
CBN Moves To Address Forex Non-Repatriation By Some Exporters
The Central Bank of Nigeria (CBN) has directed all banks in the…
COVID-19 Attracting More Players To Forex Trading – Expert
A fund manager, Mr Stano Emmanuel, says the COVID-19 pandemic has attracted…
Naira Falls Marginally At Investor’s Window
The Naira on Wednesday dipped slightly against the dollar at the investor’s…
FOREX: Naira Sinks Further To N472/$1 At Parallel Market
The Naira on Tuesday exchanged at N472 to a dollar at the…
China’s Commercial Banks Report Forex Settlement surplus in First Half Of The Year
China’s commercial banks saw a net forex settlement surplus of 553.1 billion…
FOREX: U.S Dollar Falls As Yuan Leads Charge In Risk-On Trades
The dollar fell against most currencies on Thursday as a rally in…
Naira Falls To N445 Per U.S Dollar In the Parallel Market Amid Forex Scarcity
The Nigerian Naira exchanged at N445 per U.S Dollar at the parallel…
Forex: CBN injects $218.41m, CNY 18m into Retail Secondary Market
The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million…
FOREX restriction: Stakeholders hail presidential direction, call for caution
Agricultural stakeholders and agribusiness experts say the presidential directive for the restriction…
Outright ban of food importation will lead to inflation – Society
The Soil Science Society of Nigeria (SSSN) says Federal Government outright banning…
CBN injects $210m into interbank Forex Market
The Nigerian Inter-bank foreign exchange market received another boost of 210 million…
Nigeria to benefit huge forex from palm oil
The National Palm Produce Association of Nigeria (NPPAN) says the country will…
Forex ban to textile importers will revive industry – OPS
The Organised Private Sector (OPS) says the Federal Government’s decision to stop…
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…
Nigeria receives $40.9bn forex inflow in nine months
The Central Bank of Nigeria (CBN) has revealed that it received a…