The Central Bank of Nigeria (CBN) has attributed the instability in the foreign exchange market to “seasonal demands”. CBN Governor, Olayemi Cardoso, stated this on Tuesday...
In a concerted effort to safeguard Nigeria’s foreign exchange market and combat speculative activities, the Office of the National Security Adviser (ONSA) and the Central Bank...
By CLEMENT NWOJI, Abuja The Central Bank of Nigeria (CBN) has reintroduced its earlier scraped forex sales to Bureau De Change (BDC) operators, but this time...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has alerted Nigerians of another round of fuel pump price hike going by the rate of Naira depreciation...
The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on...