There’ll be ups and downs, but we’re working to stabilise naira – CBN
The Central Bank of Nigeria says it is assiduously working to achieve…
How naira transformed from worst currency to best-performing in six months – Cardoso
The Governor of the Central Bank of Nigeria, Mr Yemi Cardoso, shares…
Petrol subsidy, multiple exchange rates were producing billionaires overnight – Shettima
Vice-President Kashim Shettima says President Bola Tinubu ended petrol subsidy and multiple…
Foreign reserves decline has little or nothing to do with defending naira, says Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the…
Customs FX rate for import duties now N1,246/$, down by 6% in eight days
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate…
Law enforcement agencies probing $2.4bn unverified FX claims, says Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says law…
Dump your dollars to avoid tears, Naira will appreciate – Presidency warns FX speculators
The Presidency has warned forex speculators that the Naira will soon appreciate.…
CBN settles all FX backlog as external reserves rise to $34.11bn
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs…
N195bn FX loss wipes off Nestlé Nigeria’s capital base, first in years
Nestlé Nigeria Plc rolled in a net loss of N79 billion from…
FX gains, investment income spur Julius Berger to N12.7bn profit in 2023
Julius Berger Nigeria Plc rode on the back of huge foreign exchange…