Tag: foreign exchange

CBN suspends 195 BDCs, 19 banks for breaching FX directives, exempts FirstBank

The Central Bank of Nigeria (CBN) has suspended 195 bureau de change

Kayode Ogundele Kayode Ogundele

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

Kenneth Ibinabo Kenneth Ibinabo

Naira in big tumble, exchanges for N445 to $1

The naira on Monday suffered a severe defeat against the dollar in

Kayode Ogundele Kayode Ogundele

CBN re-admits suspended banks to Forex trading

The Central Bank of Nigeria (CBN) has reinstated the eight banks suspended

Kayode Ogundele Kayode Ogundele

CBN increases forex limits to BDCs

The Central Bank of Nigeria (CBN) has moved the limit that banks

Friday Ajagunna Friday Ajagunna

Fourteen airlines pull out of Nigeria over forex hike

About 14 airlines have reportedly withdrawn their services from the country due

Kayode Ogundele Kayode Ogundele

FG gave no foreign exchange waiver to hajj pilgrims, NAHCON insists

The National Hajj Commission of Nigeria (NAHCON) on Sunday said the Federal

Kayode Ogundele Kayode Ogundele

Beware of unregistered money transfer operators, says CBN

The Central Bank of Nigeria (CBN), has advised Nigerians at home and

Kayode Ogundele Kayode Ogundele

Naira stable against dollar as CBN meets over economy

The Naira on Monday remained stable at the parallel market. The Nigerian

Kayode Ogundele Kayode Ogundele

Naira crashes again in major market segments

The naira on Friday depreciated further against the dollar, pound sterling and

Kayode Ogundele Kayode Ogundele