By Chioma Obinagwam The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director,...
The Nigerian currency, on Tuesday, January 23, soared against the United States of America Dollar at the parallel segment of the Nigerian Foreign Exchange Market. This...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers requests in...
• Promises more FX interventions By Odunewu Segun The naira will be stable next year as the Central Bank of Nigeria (CBN) continues its regular dollar...
Players in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN) is threatening to sanction exporters who fail to repatriate foreign exchange (forex) proceeds from their businesses into the economy. CBN Director (Banking...
The Central Bank of Nigeria (CBN) on Monday boosted the foreign exchange (FOREX) market by offering a total of $195m in three segments of the market....
By Chioma Obinagwam The Chief Executive Officer (CEO) of Oando, Wale Tinubu has said that he sees a possible convergence of the Foreign Exchange (Forex) rates...
By Chioma Obinagwam The recently created Investor-Exporter foreign exchange (Forex) window has been said to be the major reason behind the recent rally on the Nigerian...
By Chioma Obinagwam The Federal Government (FG) has been urged to ensure availability of Foreign Exchange (Forex) for critical raw materials. Chairman of Nestlé Nigeria, David...
