The Central Bank of Nigeria (CBN) has continued to boost the country’s foreign exchange liquidity with 240 million dollars, part of which 150 million dollars will...
The Central Bank of Nigeria (CBN) has offered additional S180 million to meet bids for wholesale auction and requests for invisibles such as medicals, school fees...
Former Governor of Edo State, Comrade Adams Oshiomhole has accused the former governor of the Central Bank of Nigeria, Prof. Chukwuma Charles Soludo of colluding with...
By Chioma Obinagwam The Nigerian Stock Exchange (NSE) may witness little or no delisting exercise in the current year of 2017, financial analysts have said. This...
as CBN injects more funds in FX forwards market Nigeria’s local currency, the Naira gained about 5 points at the parallel market against the United States...
The Central Bank of Nigeria (CBN) has threatened to bar authorized dealers in foreign exchange (forex) that fail to comply with its new directive on foreign...
By Odunewu Segun Following the intervention of the Central Bank of Nigeria in the foreign exchange market by selling $411.8 million dollars for visible and invisible...
The House of Representatives on Monday summoned Central Bank of Nigeria Governor, Mr. Godwin Emefiele, over alleged sale of foreign exchange to International Oil Companies. Emefiele’s...
The Nigerian naira today, September 28, dropped a massive 15 points to trade at a new record low of N460 at the parallel market. This comes...
By Odunewu Segun With the naira depreciating significantly in all the forex market segments, and the anticipated level of forex inflow from international investors not coming,...