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Foreign Exchange
Banking and Finance
Naira fails to strengthen despite CBN’s $543.5m forex sales to banks
THE Nigerian currency failed to show a marked improvement against the dollar despite the Central Bank of Nigeria's (CBN)...
Ehime ALEX
-
October 5, 2024
Business and Economy
CBN sells $20,000 to BDCs amid FX distortions
THE Central Bank of Nigeria (CBN) has approved the sales of $20,000 to each of the eligible Bureaux De...
Ehime ALEX
-
July 19, 2024
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News
Naira appreciates to 7.2% against dollar at official market
ON Friday, April 12, the official market saw a sharp increase in the value of the naira, which traded...
Fatimah QUADRI
-
April 13, 2024
Business and Economy
CBN reviews FX rates on import duty amid increasing commodity prices
THE Central Bank of Nigeria (CBN) has reviewed the formula for fixing foreign exchange (FX) rates for Customs duty...
Ehime ALEX
-
February 24, 2024
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Banking and Finance
Naira depreciates by N456.73 despite CBN $500m FX clearance
THE Nigerian currency lost N456.73 to the dollar on Monday, January 29, to close at N1,348.63/$1 at the official...
Ehime ALEX
-
January 30, 2024
Business and Economy
Federal lawmaker condemns EFCC raid on Dangote headquarters
A federal lawmaker, Ikeagwuonu Ugochinyere, has condemned the raid by the operatives of the Economic and Financial Crimes Commission...
Ehime ALEX
-
January 5, 2024
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