By Odunewu Segun Central Bank of Nigeria’s continued flooding of the foreign exchange market with Dollars has crashed the currency further against the local currency, Naira,...
By Odunewu Segun The Central Bank of Nigeria has introduced ‘Form X’, aimed at easing access to forex for small businesses in Nigeria, especially for small...
With latest statistics released by the National Bureau of Statistics (NBS) showing that consumer price index recorded its second deceleration in fifteen months, analyst at...
By ANDREW OJIEZEL The Acting Director, Corporate Communications of Central Bank of Nigeria (CBN) Mr Isaac Okorafor said that the bank has released fresh 250 million...
By Odunewu Segun With over $768 million injected into the forex market last week, the black market rate remained at N406/$1 suggesting that the effect of...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has said that it has auctioned another $418 million at the retail-SMIS at a marginal rate of...
By Odunewu Olusegun The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadebe, has blamed the recent depreciation of the Naira on the...
By Odunewu Segun The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has accused some commercial banks of refusing...
The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the...
The Central Bank of Nigeria is determined to sanction banks who violates the new forex rules of selling dollar at N360 for invisibles by releasing emergency...
