CBN forex

CBN’s FX Rates For Import Duty Disrupts Our Services, Customs Boss Cries Out

Comptroller General of the Nigeria Customs Service (NIS), Adewale Adeniyi, has lamented about the current FX rates system approved by… Read More

1 month ago

Save Naira: CBN Sells $20,000 Forex To BDCs At Reduced Rate Of N1,301/$

the Central Bank of Nigeria (CBN) has once again begun providing foreign exchange to Bureau de Change (BDCs) operators as… Read More

2 months ago

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

The Nigerian Naira experienced a slight appreciation against the United States dollar in trading sessions, despite concerns over widening gaps… Read More

2 months ago

CBN Forex Policies Faltering As Naira Edges Closer To N1,700/$1: Is Stability Possible Amidst Structural Challenges?

The ongoing struggle to stabilize the naira against the dollar has intensified, with the exchange rate inching closer to a… Read More

3 months ago

Forex Backlog: $2.4bn Linked To Non-existing Entities, Says CBN Gov, Exposes Phantom Transactions

Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has made a shocking revelation about the foreign exchange… Read More

3 months ago

Naira Depreciation: ‘CBN’s New Measure Will Ease Forex Pressure’

Economic analysts have expressed optimism that the latest policy measures issued by the Central Bank of Nigeria will have a… Read More

3 months ago

Naira Fall: CBN Sets Limit For Banks To Manage Forex Risks

The Central Bank of Nigeria (CBN) has placed restrictions on the amount of foreign exchange that banks may retain to… Read More

3 months ago

EFCC Summons Dangote Group Officials Over Forex Transactions Probe

Economic and Financial Crimes Commission (EFCC) has summoned top officials from Dangote Group to provide documents on foreign exchange transactions… Read More

4 months ago

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

In a financial revelation reshaping the economic landscape, Nigeria's adoption of a unified exchange rate has led to a surge… Read More

4 months ago

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

The winds of change in Nigeria's financial landscape, stirred by the Central Bank's foreign exchange (FX) reforms, were acknowledged as… Read More

5 months ago

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