CBN injects $195m into foreign exchange market
Following its $800 million intervention in the inter-bank Foreign Exchange (FOREX) Market…
CBN to further flood forex market as rates converge
In spite of the naira's strong showing in the foreign exchange market…
I’m confident Nigeria will be out of recession by Sept, says Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has…
Why CBN should implement flexible forex regime – IMF
The International Monetary Fund (IMF) has enjoined the Central Bank of Nigeria…
CBN creates FX window for investors, exporters
Two weeks after opening a special Forex window for Small and Medium…
CBN intervenes with $100m in Forex market, as banks only able to pick up $68.51m
Following its injection of $280 million into the Foreign Exchange Market on…
CBN introduces use of Form X for SMEs
As part of its determination to increase foreign exchange liquidity and improve…
Banks’ dollar demand slumps over fear of dollar crash
There are strong indications that the demand for foreign exchange by authorized…
Nigeria needs urgent reform for stable economy – IMF
The International Monetary Fund (IMF) is expected to warn Nigeria its economy…
Forex dealers suffer heavy loses as Naira surges
The Central Bank of Nigeria (CBN) on Friday offered fresh $100 million…