The Central Bank of Nigeria (CBN) has called on all commercial banks in the country to submit the backlog of dollar demands from fuel importers, airlines,...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
The Central Bank of Nigeria has fulfilled its promise to give preferences to manufacturers as they got 48 per cent of forex allocation this December. The...
By Odunewu Segun In the Central Bank of Nigeria weekly forex allocation to banks last week, Stanbic IBTC and the United Bank for Africa led 14...
With a forex allocation of $30,902,082.86, Guaranty Bank Plc. has consistently maintained its lead for the second week in a row by getting the highest allocation...