The Central Bank of Nigeria Friday said it only recognizes the importers and exporters window in the FX market.
The apex bank at the MPC in Abuja said the black market is illegal.
CBN GOV. EMEFIELE
BreakingBusinessTrending Story
Per Second NewsSeptember 17, 2021277
CBN says black market is illegal
Per Second NewsSeptember 17, 2021277 
Related Articles
UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series
As part of its commitment to deepen the growth and sustainability of...
FirstBank Hosts First-ever China-Africa Interbank Association Forum
FirstBank, the premier West African financial institution and financial inclusion service provider,...
First Bank changes its name to First Holdco Plc, brand name to FirstHoldco
First Bank of Nigeria (FBN) Holdings Plc is to change its name...
UBA to raise N239.4bln via right issues – Elumelu
The Group Chairman of United Bank for Africa, Tony Elumelu, has announced...
Nigeria’s Domestic Debt Reaches N66.957trn in H1 2024
Nigeria’s domestic debt stock has surged to N66.957 trillion in the first...
Tinubu, Abiodun, Sanwo-Olu, others extol Pastor Tunde Bakare at 70
Pastor Tunde Bakare, the founder of Citadel Global Community Church, is a...
China’s imports from Nigeria soar to $15.1bln, 36.1% increase
China’s imports from Nigeria have reached an all-time high of $15.1 billion...
Bitcoin Surges to New High on Trump’s Presidential Victory
The price of bitcoin has skyrocketed to a record high of $75,345,...
Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024
For its commitment to digital innovation and excellence, Polaris Bank has again...
SanDisk extreme portable SSD: A must-have for Nigerian remote workers, freelancers
Julius Babarinde As the Nigerian work environment continues to evolve, remote work...
Media capacity-building: Polaris Bank trains 5,000 Nigerian journalists in 10 years
As part of its media capacity-building initiative, Polaris Bank Limited, Nigeria’s leading...
Nigeria to issue diaspora bond in US, targets $1bln monthly remittances
Nigeria is planning to issue a diaspora bond in the United States...
System upgrade: FirstBank enhances supplier’s platform, guarantees uninterrupted, seamless services
FirstBank has reacted to a misleading report circulating in the media regarding...
Reps to CBN: Withdraw old naira notes before December 31 deadline
The House of Representatives has called on the Central Bank of Nigeria...
US-Nigeria trade relationship hits $10bln mark
The United States and Nigeria have achieved a remarkable milestone in their...
NNPC Retail Sensitizes Auto Mechanics on CNG Adoption, Unveils Oleum Lubricant Range
NNPC Retail Limited, a subsidiary of NNPC Ltd, has taken a significant...
Aliko Dangote’s wealth soars to $28bln as his oil refinery comes on stream
Aliko Dangote, Africa’s richest man, has seen his wealth more than double...
Naira Defies Global Trends, Appreciates 5.7% Against Dollar
The Nigerian naira staged a surprising comeback on Monday, appreciating 5.7 percent...
Naira appreciates 4.49% against the dollar, closing at N1,561.76
The Nigerian naira strengthened significantly against the US dollar on Tuesday, closing...
Nigeria’s foreign investment surges by 152% in Q2 of 2024
Nigeria’s foreign investments, also known as capital importation, have seen a significant...
Leave a comment