CBN won’t reverse restriction of Forex on imported goods, says Saraki
President of the Senate, Dr. Abubakar Bukola Saraki has ruled out the…
The JP Morgan Emerging Market Bond Index hoopla
JP Morgan, one of the world’s leading investment bankers, recently announced that,…
Senate summons CBN gov, Emefiele over Naira worsening status
The Senate has summoned the Governor of Central Bank of Nigeria, CBN,…
Nigerian banks panic as NNPC withdraws $1.2bn
The decision by the Nigerian National Petroleum Corporation, NNPC, to withdraw $1.2…
CBN stops forex sales to rice, private jet importers
The Central Bank of Nigeria has stopped the sales of foreign exchange…
CBN suspends Dutch Auction foreign exchange window
The Central Bank of Nigeria (CBN) on Wednesday closed the Retail Dutch…
Naira hits for N208 to dollar at BDCs, black market
The Naira on Friday sold against the dollar for N208 at the…
CBN bars banks from holding funds in dollars
The Central Bank of Nigeria, CBN, has barred commercial banks from holding…
CBN steps up support to lift ailing naira
The Nigerian naira closed higher on Tuesday for only the second time…
Naira suffers worst depreciation in 3 years, lost 54k to dollar
The Naira to suffered its biggest official depreciation since November 2011 on…