BREAKING! Forex Ban: CBN Directs Banks To Publish Names Of Defaulters
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification ...
Tag: Forex
Discontinuation Of FX To BDC Will Affect Exchange Rate – Cordros Research
Analysts at Cordros Research Ltd. said discontinuation of sale of foreign exchange to the Bureau De Change (BDC) operators would ...
True Leadership Will Steer Our Ship In The Right Direction
Anyone can steer the ship, but it takes a leader to chart the course, so says John C. Maxwell. The ...
NSE Loses N246bn In Bearish Trading
The bears dominated trading activities on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation losing N246 billion ...
Boost Productivity With Local Content To Firm Up Value Of Naira, Economist counsels FG
An economist, Mr. Tope Fasua, on Sunday, advised the Federal Government to take concrete steps to boost productivity, with strong ...
Economic Crisis: Naira To Depreciate Further In January, Says CBN
The Central Bank of Nigeria (CBN) has disclosed that a survey carried out by its Statistics Department revealed that the ...
Naira Falls Across Forex Markets As Nigeria’s External Reserve Loses $838 Million In 6 Weeks
Forex turnover rose by 78.7%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close at ...
Naira Crashes To New Record Low At Black Market As Businesses Divert Export Proceeds
Forex turnover dropped by 67.5%, as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N385.83/$1 ...
Court Freezes 65 Accounts For Forex Manipulation
A Federal High Court sitting in Abuja has granted the Central Bank of Nigeria (CBN) permission to freeze 65 Bank ...
Naira Plunges To N472/$ As Forex Scarcity Worsens
The naira on Tuesday traded at N472 to a dollar at the parallel market as foreign exchange scarcity persisted. The ...
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 dollars into the retail Secondary Market Intervention ...
CBN Stops Credit Payments For Milk Importation
The Central Bank of Nigeria, CBN, has told lenders to stop processing milk imports on a credit basis, bankers said ...
Buhari’s zero forex for food import order to be aggressively implemented – Emefiele
Buhari’s zero forex for food import order to be aggressively implemented – Emefiele
