In a significant move to combat the devaluation of the Naira and curb currency speculation, the Federal Government of Nigeria has unveiled plans to automate all...
In a significant development, the Central Bank of Nigeria (CBN) has unveiled fresh operational guidelines for the sale of foreign exchange (forex) by Bureau De Change...
The Central Bank of Nigeria has denied rumour making the rounds over new policy actions in the foreign exchange market. The CBN made this known Thursday...
From tomorrow, July 3, 2023, the Central Bank of Nigeria (CBN) will begin quote offers for naira-settled OTC FX Futures (NSOFF) contracts with tenors between 13...
The naira on Tuesday dropped further, exchanging for N763 against the dollar at the Investors and Exporters window. The naira depreciated by 0.67 per cent when...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has blamed the country’s inflation on the apex bank’s continuous financing of the...
The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13. It depreciated by 0.26 per cent when compared...
Exactly a week after the Central Bank of Nigeria (CBN) pulled the plug on the foreign exchange (FX) market to allow gradual rates harmonisation around the...
Amid the foreign exchange reforms by President Bola Ahmed Tinubu’s administration, the Naira on Monday depreciated against the dollar at the Investors and Exporters window,...
The Central Bank of Nigeria, CBN, has announced further policy changes. According to the Director of Corporate Communications, Dr Isa AbdulMumin, the policy changes are aimed...