By Odunewu Segun The Nigerian Naira on Wednesday, July 12, remained static at the parallel segment of the Nigerian Foreign Exchange Market after relapsing against the...
Bureau De Change operators have accused Travelex Nigeria of hurting efforts by the Central Bank of Nigeria (CBN) to strengthen the Naira against the dollar by...
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...
The Nigerian Central Bank introduced a new spread limit on interbank transactions on Monday, it said in a statement, in an attempt to boost liquidity in...
The Central Bank of Nigeria (CBN) on Wednesday published a list of items, for which importers can source foreign exchange (Forex) from the market. National Daily...
The Central Bank of Nigeria (CBN) has released an additional sum of $388.66million to ease pressure on the naira, stimulate business activities and make foreign...
The Governor of the Central Bank of Nigeria, Godwin Emefiele has assured Nigerians that the present administration will continue to defend the naira, as the...
as BDCs shun CBN’s $150 million offer The value of Nigeria’s naira for portfolio investors eased for a second day on Wednesday compared with the interbank...
The Central Bank of Nigeria said on Friday it would offer dollar forwards to offset a backlog of foreign exchange obligations for manufacturers, airlines and fuel...
By Odunewu Segun Despite the Central Bank of Nigeria’s effort to inject liquidity into the official market to support the naira, the local currency has weakened...