Geregu Power’s FX losses dropped by 40% in nine months
Geregu Power Plc recorded N401.49 million in foreign exchange losses for the nine…
FG, Dangote refinery petrol supply agreement could reduce pressure on naira – NECA
The Nigeria Employers’ Consultative Association (NECA) says the premium motor spirit (PMS)…
CBN targets FX liquidity with another $148m sales to 29 dealers
The Central Bank of Nigeria (CBN) has sold $148 million to 29…
CBN injects $106.5m into forex market amid demand surge
The Central Bank of Nigeria (CBN) on Friday said it sold the…
CBN approves sale of FX to BDCs at N1,450/$
CBN has approved the sale of foreign exchange (FX) to eligible bureau…
CBN sells $122.671 million to 46 authorised dealers
The Central Bank of Nigeria, CBN, has sold the sum of USD122,671,000.00…
CBN, NSA interventions in FX market have yielded desired results – Shettima
Vice-President Kashim Shettima says the interventions of the Central Bank of Nigeria…
Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May
The federal government is expected to receive $1.05 billion from a syndicated…
Nigeria’s forex crisis adds MTN, Nestle, NBL, MTN, Guinness, others to growing list of financially distressed companies
MTN Nigeria joined the expanding list of financially distressed companies in the country…
Why 4,173 Bureau De Change operators’ licences were revoked – CBN
The Central Bank of Nigeria on Friday revoked the licences of 4,173…