The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says accessing foreign exchange at official rate was a serious challenge to marketers. Mrs Winifred Akpani,...
The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to the speculative activities of some players in the foreign exchange market. Mr. Osita...
CBN to end sale of FOREX to banks. The CBN will stop the sale of foreign exchange to commercial banks before the end of the year,...
The Forex market is huge. It is the market where you can make a profit by buying and selling currencies. Every day, there are trillions of...
The exchange rate at the parallel market fell to another new 3-year low closing at N472/$1 on Monday, July 20, 2020. However, on the officially recognized...
Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
The Central Bank of Nigeria have injected over $42.3 billion into the foreign exchange market between April 2018 and March to ensure liquidity in that segment...
The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum of $210 million...
The Central Bank of Nigeria, CBN, has again released another tranche of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange, forex...
Experts in the telecom sector have called on government to improve on its critical broadband infrastructure, power, and access to forex and finance if the industry,...