CBN refutes claims of devaluation of Naira to 630/$1
The Central Bank of Nigeria has refuted reports that it devalued the Nigerian naira to 630 to the US ...
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Tag: Forex
NIS blames scarcity of E-passports to scarcity of Forex
The Nigeria Immigration Service, NIS says the scarcity of the country's International passport is as a result of the ...
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Additional Tax will weaken businesses more-NECA
The former deputy governor of the Central Bank of Nigeria Professor Kingsley Moghalu has expressed his satisfaction on the call ...
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Forex differential major challenge to price of PMS-DAPPMAN
The Forex differential at both the official and parallel market prices has been cited by the Depot and Petroleum ...
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President Buhari promises to address FOREX supply to manufacturers for importation
The Federal Government will take appropriate measures to improve access to foreign exchange for importation of raw materials and machines ...
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CBN directs banks to publish names of FOREX defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the ...
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CBN Suspends sale of Forex to Bureau De Change
The Central Bank of Nigeria (CBN) has discontinued the sale of foreign exchange to Bureau De Change (BDCs). CBN Governor ...
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CBN must review Foreign Exchange policy to improve dollar supply- LCCI
The Central Bank of Nigeria needs to get its foreign exchange policy right to attract the needed investors that will ...
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CBN freezes accounts of 38 firms over forex infractions
The Central Bank of Nigeria has directed banks to freeze the accounts of 38 companies operating in the country. The ...
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CBN debits banks N122bn, moves to unify exchange rates
The Central Bank of Nigeria has debited N122bn ($338m) from banks’ excess cash which caused the money market to fall ...
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