Financial analysts have attributed the appreciation of the naira at the foreign exchange market to forex intervention by the Central Bank of Nigeria (CBN),...
The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. On February 11, 2020, the CBN had added...
The Central Bank of Nigeria (CBN) has said overseas remittances into the country rose to $1.3 billion in February 2024 compared to $300 million in the...
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), says $400 million was paid on Tuesday to settle some outstanding foreign exchange...
Abdul Samad Rabiu, BUA Group chairman, has described the situation in the foreign exchange (FX) market as artificial and manipulative. He made this known during a...
The National Security Adviser’s Office, led by Nuhu Ribadu, in collaboration with the Central Bank of Nigeria (CBN), has initiated a joint effort to...
Naira hit a new all-time low on Tuesday, February 20, trading at N1,825 to a dollar. This comes barely 24 hours after the local currency...
A former presidential aide and a Chieftain of the ruling All Progressives Congress, APC, Mr Bashir Ahmad, has reacted after it was reported that Egypt officially...
A political economist, Adefolarin Olamilekan has advised the federal government to maintain a monetary framework appropriate to stop the Naira weakness by improving the country’s export...
The Central Bank of Nigeria (CBN) recently announced significant reforms in the foreign exchange market, signaling a stride towards a market-driven exchange rate mechanism,...
