Despite some publications reporting the exchange rate as N865/$1, the media says that the naira-to-dollar exchange rate dropped to N800/$1 on Monday. The naira has dropped...
President, Mr Festus Osifo, the Petroleum and Natural Gas Senior Staff Association of Nigeria on Wednesday has said fuel scarcity is a result of non-availability of...
Central Bank of Nigeria has announced that it will stop the sale of foreign exchange to Deposit Money Banks by the end of the year, TopNaija...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, disclosed that Bureau de Change Operators in the nation are selfish and make...
The Central Bank of Nigeria (CBN) has stopped Forex sales to operators of Bureau De Change in the country with immediate effect. The Governor of CBN,...
Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the world. This tracker dates from...
Nigeria Employers’ Consultative Association and the Centre for Social Justice has opined that the directive by President Muhammadu Buhari to the Central Bank of Nigeria to...
The establishment of Investors’ & Exporters’ Forex Window by the Central Bank of Nigeria (CBN) in April has stabilised the naira and the economy. The Bureaux...
Prof. Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in 2018....
The Central Bank of Nigeria (CBN) has reportedly removed 36 sub-items from the list of items banned from accessing forex from its window since 2015. President...
The Central Bank of Nigeria ( CBN ) today intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $325.64 million. Figures obtained from...
