The Police, in joint operation with the Department of Security Service (DSS), arrested 17 illegal operators of Bureau De Change (BDC) in Kano State. According to...
A financial expert, Bode Agustor has warned that Nigeria’s local currency, the Naira would continue to suffer in the parallel market if additional liquidity is...
As part of its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $2.63 billion to further...
The global body that sets standard for anti money laundering (AML/CFT) efforts, the Financial Action Task Force team, will assess banks and other financial institutions’ compliance...
The Nigerian Naira has remained stagnant against the US dollar at the parallel segment of the foreign exchange market, maintaining the N362 rate for days...
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De Change (BDC) to N357/$1 (buying) and...
The Naira sluggishly added N1 against the United States Dollar, exchanging at N364/$1, higher than the N365 posted on Friday at the parallel market. It was...
The Nigerian Naira, at the parallel segment of the Nigerian Foreign Exchange Market, on Friday, June 16 remained stable against the United States of America...
Nigeria’s Central Bank (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the forex auction in the interbank wholesale...
By Odunewu Segun The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to...
