CBN begins sales of dollars to BDCs
The Central Bank of Nigeria has announced its decision to sell foreign…
We’ll raise $10bn to stabilise naira, boost FX liquidity – Tinubu
President Bola Tinubu says his administration is making efforts to raise at…
Tinubu’s forex policy hurriedly put together without proper plans – Atiku
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said…
FBN Holdings’ foreign exchange losses swell to N350bn at full-year
FBN Holdings Plc moved against the trend of monumental foreign exchange (FX)…
In 10 years, Nigerians spent $40bn on education, healthcare abroad – Cardoso
Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the…
CBN unveils new measures for banks to manage FX risks, prevent losses
The Central Bank of Nigeria (CBN) has released new measures for banks…
Flour Mills stays deep in the red, as FX loss multiplies to N51bn at H1
Flour Mills of Nigeria Plc saw its huge foreign exchange (FX) loss…
CBN uncovers FX violations, vows to crack down on culprits
The Central Bank of Nigeria (CBN) has taken a two-pronged approach to the lingering…
Saudi Arabia to support CBN with ‘substantial’ FX deposit, invest in Nigeria’s refineries – FG
Saudi Government says it will provide a “substantial” deposit of foreign exchange…
Naira to trade at N850/$ by year’s end, oil coys shouldn’t sell FX to CBN – JP Morgan
JP Morgan, a US multinational financial services firm, projected the naira would trade at…