Financial experts have lauded the Central Bank of Nigeria for its consistent intervention in the foreign exchange market. The experts, who spoke at the Access Bank...
By Odunewu Segun Financial experts have predicted further rise in the value of the naira against the dollar this week as the inter-bank forex market resumes...
The Governor of the Central Bank of Nigeria, Godwin Emefiele has assured Nigerians that the present administration will continue to defend the naira, as the...
By Odunewu Segun Financial analysts have said the new FX window introduced by the Central Bank of Nigeria would masked pressures on the naira as the...
By Odunewu Segun The Financial Market Dealers Quote, FMDQ on Monday, introduced a reference exchange rate for the newly introduced special foreign exchange window for investors...
vows to sanction banks By Odunewu Segun The Central Bank of Nigeria (CBN) at the weekend rejected calls by the International Monetary Fund and other international...
The Central Bank of Nigeria said on Friday it would offer dollar forwards to offset a backlog of foreign exchange obligations for manufacturers, airlines and fuel...
With the naira closing at N390 at the parallel market and N306 to a dollar at the interbank market on Wednesday, the Central Bank of Nigeria...
By Odunewu Segun Following the drop in Nigeria’s total oil production, the International Monetary Fund (IMF) has said that despite relative stability in the price of...
The Naira firmed against the US dollar at the parallel market on Tuesday, closing at N398 to the dollar, as the Central Bank of Nigeria sustains...
