Tag: foreign exchange

FAAC adopts N436.38/$1 exchange rate for June despite naira float

The federation account allocation committee (FAAC) says it has adopted the N436.38/$1

Friday Ajagunna Friday Ajagunna

Emefiele’s suspension: Naira appreciates to N754/$1 at parallel market

The naira on Monday recorded marginal gains at the parallel markets and

Kayode Ogundele Kayode Ogundele

Foreign exchange inflow drops to $5.7bn in one month

Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020.

Kayode Ogundele Kayode Ogundele

CBN directs switches to stop processing local currency transfers into dom accounts

The Central Bank of Nigeria (CBN) has directed switches and processors to

Kayode Ogundele Kayode Ogundele

Naira to now trade at N392/$

The Central Bank of Nigeria (CBN) has directed bureau de change operators

Friday Ajagunna Friday Ajagunna

The case against high interest rates in time of contagion, By Bola Tinubu

Against the backdrop of the ravaging COVID-19 pandemic , All Progressives Congress(APC)

Bola Ahmed Tinubu Bola Ahmed Tinubu

CBN injects $210m into foreign exchange market

The Central Bank of Nigeria (CBN) has injected $210 million into the

Kayode Ogundele Kayode Ogundele

Your monetary policy agenda disastrous, Emefiele tells Atiku

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the

Adejoke Adeogun Adejoke Adeogun

CBN injects $210m into foreign exchange

The Central Bank of Nigeria (CBN) has sustained its intervention in the

Friday Ajagunna Friday Ajagunna

Forex: CBN sells $331.41m at SMIS

In continuation of its push to guarantee foreign exchange liquidity, the Central

Friday Ajagunna Friday Ajagunna