forex
We must moderate our demands for forex, says Cardoso
The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called on Nigerians to cut down on their demands for...
Just in: Reps summons Cardoso, set to investigate decision to lifts FX ban on toothpick, cement and 41 items
The House of Representatives has invited the Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso over the revised policy to lift the...
House of Reps rolls out legislative action plan to boost Nigeria’s economy
The leadership of the 10th House of Representatives has unveiled a programme of action aimed at boosting the agricultural sector, create jobs, and...
Calls for Emefiele’s resignation: An outburst of grief, balderdash from beneficiaries of rent-seeking practices in Nigeria’s parallel forex market – CBN
“The CBN will not be distracted in its mandate by yielding to the selfish tendencies of a few to the detriment of...
Ban of forex to BDC: Nigerians posing as travellers besiege banks in Lagos, Abuja for forex with fake documents, resell at black market
The Central Bank of Nigeria’s ban of sales of foreign exchange to Bureau de Change (BDCs) has forced many Nigerians to...
Stakeholders want stock fish delisted from Forex restriction list
Some stakeholders in the Seafood sector have called for the delisting of stock fish from the foreign exchange (FOREX) restrictions to foster...
Forex inflow: Beneficiaries of Diaspora remittances to now receive money in dollar — CBN
As part of efforts to boost the foreign exchange market and provide more liquidity, the Central Bank of Nigeria (CBN), Abuja, has...
CBN Gov. Emefiele assures foreign investors of “orderly’’ forex repatriation
Notwithstanding the drop in crude oil revenue, the Central Bank of Nigeria (CBN) has assured investors of the security of...
CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban
CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban The Central Bank of Nigeria (CBN) will conform...
Analysts disagree with Buhari over forex restriction for food imports
Financial analysts as well as stakeholders in the country’s agriculture sector are voicing their concern over a directive by President Muhammadu Buhari asking...
CBN injects $280.04m, CNY 28.3m into Retail SMIS
Nigerian central bank offered dealers in retail secondary market $280.04 million to meet demands in the agricultural and raw materials sectors as well...
CBN urges Nigerians to report banks that refuse to sell Forex
The Central Bank of Nigeria (CBN) has urged Nigerians to report any bank that refuses to sell BTA/PTA and Forex for pilgriage at...
FOREX: CBN Announces Bids For Retail Auction
By Gift Olivia Samuel Abuja-The Central Bank of Nigeria (CBN) Wednesday announced bids for retail auction by authorized dealers in the inter-bank foreign...
CBN Lifts Foreign Exchange Market with $195m
By Gift Olivia Samuel, Per Second News Abuja-The Central Bank of Nigeria (CBN), on Wednesday disclosed that it intervened in various segments of...
