The total amount of money spent on education and medical services abroad between 2010 to 2020 is more than Nigeria’s current foreign reserves of $39.51 billion,...
Following the order of the Central Bank of Nigeria (CBN), the identities, including names and Bank Verification Numbers (BVNs) of foreign exchange defaulters have been exposed...
The Nigerian Naira depreciated by N5 at the parallel market, popularly known as the black market, on Wednesday as dollar scarcity persists across key forex segments....
The Central Bank of Nigeria (CBN) on Tuesday announced it has halted the sales of forex to Bureau De Change Operators (BDCs) across the country. Godwin...
The value of transactions traded at the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) stood at $3.01 billion in June, according to the data published by...
The Central Bank of Nigeria (CBN) has extended the N5 per US Dollar incentive on forex remittance indefinitely to boost liquidity and further deepen economic recovery....
The Central Bank of Nigeria (CBN) has started focusing on how to better harness Nigeria’s huge diaspora remittances as seen in recent foreign exchange policy geared...
Price of air tickets rose by 100 percent across several routes as rising operating costs, high foreign exchange and surged in service charge forced airline operators...
Vehicles assembling and manufacturing companies operating in Nigeria should brace for a hard time ahead as the Federal Government through the draft 2020 finance bill moves...
Transparent Exchange Rate Can Improve Nigeria’s Diaspora Forex Inflow Experts that gathered at a virtual summit organised by Ecobank Nigeria with a theme, ‘Financial Services &...