Exchange Rate: CBN to Defend Naira The Central Bank of Nigeria (CBN) will continue to defend the Naira against the widely publicised floatation. Earlier this week,...
Report: Central Bank Signals Weaker Official Naira Rate The Central Bank of Nigeria (CBN) has signalled it will allow the naira to weaken past its official...
ABCON Backs CBN’s Clean Note Policy The Association of Bureaux De Change Operators of Nigeria has given its support to the Central Bank of Nigeria’s Clean...
CBN to Unveil Clean Note Policy, Banknote Fitness Guidelines The Central Bank of Nigeria (CBN) has approved the issuance of a Clean Note Policy and Banknote...
I&E Window Records US$35bn FX Inflows in 24 Months The introduction of Investors’ & Exporters’ FX Window by the Central Bank of Nigeria has boosted dollar...
‘Increased FPI Inflows Sustain Naira Appreciation’ Analysts at Zedcrest Capital Limited have said the naira appreciated significantly in the Investors’ and Exporters’ foreign exchange window by...
Google Confuses Nigerians, Publishes N184/$ Exchange Rate A Google foreign exchange error confused Nigerians as many wake up to N184 per US dollar exchange rate on...
CBN Sustains Forex Intervention Programme, Sells $210m into Forex Market In an effort to sustain dollar liquidity at the various segments of the foreign exchange market,...
Why Naira Remains Immune to Election Spendings —BDC Operators RGwadabe told the News Agency of Nigeria on Friday in Lagos that internal control mechanisms of the...
Naira Crashes Against Dollar at Black Market The naira weakened by one per cent on the black market on Thursday to 370 against the United States...