Naira May Reverse Loss on Dollar Sales The naira is likely to strengthen next week on an increase in dollar sales to Bureau De Change operators,...
NSE Market Capitalisation Drops by N82bn Although the Nigerian Stock Exchange closed the week on a positive note, the market capitalisation of listed equities dropped by...
2017 Budget: FG to Delay Green Bond Sale The Federal Government will delay the issuance of green bond until the 2017 budget has been passed, the...
Naira Weakens to 410/Dollar The naira weakened to 410 per dollar against the United States currency on Tuesday, down from 405/dollar recorded on Monday. This was...
BDCs Seek FX Rate Review, Increased Allocation The Association of Bureaux de Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)...
Currency Speculators’ll Lose Money, ABCON Warns BDCs The Association of Bureau De Change Operators of Nigeria has told its members they will lose money if they...
FG to Recapitalise Agric Bank With N3tn The Federal Government will recapitalise the Bank of Agriculture to the tune of N3tn in order to enable farmers...
CBN Opens Special Forex Window for SMEs The Central Bank of Nigeria on Monday said it had opened a special foreign exchange window for the Small...
Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...
CBN to Sustain Forex Intervention, Releases Fresh $418m The Central Bank of Nigeria on Sunday vowed to sustain its intervention in the foreign exchange market to...