Huge debts crippling financial system, CBN tells FG
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday…
We can’t meet forex demand, CBN cries out as monthly demand hits $4.8bn
The Central Bank of Nigeria (CBN) has said that it cannot meet…
Senate vows to reject proposal to punish people for ownership of Forex
The Senate has expressed surprise at a recommendation by the Nigerian Law…
Dangote Cement’s revenue hits N442bn in 9 months, as profit slides on forex crisis
Leading cement manufacturer, the Dangote Cement Plc has declared increased revenue of…
Panic grips market as Naira further depreciates steeply
The naira tumbled to N470 against the United States dollar on Wednesday,…
Emirates, Kenya Airways suspend Abuja operations indefinitely
Emirates Airlines has announced its decision to suspend Abuja-Dubai operations beginning October…
CBN suspends 195 BDCs, 19 banks for breaching FX directives, exempts FirstBank
The Central Bank of Nigeria (CBN) has suspended 195 bureau de change…
Group slams anti-Emefiele protesters, says recession, forex crisis not caused by CBN Gov
A group known as the Niger Delta Youths Coalition, NDYC, on Thursday…
Naira in big tumble, exchanges for N445 to $1
The naira on Monday suffered a severe defeat against the dollar in…
CBN re-admits suspended banks to Forex trading
The Central Bank of Nigeria (CBN) has reinstated the eight banks suspended…