The Central Bank of Nigeria (CBN) has denied claims that it plans to convert domiciliary account holdings valued at 30 billion dollars into Naira.
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The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions.
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities across various sectors.
The Naira, on Monday, depreciated to N1,170 per dollar in the parallel market from N1,166 per dollar last week Friday.
The Norwegian Seafood Council (NSC) has reiterated its continuous support to the growth and expansion of stock fish trade in the country.
ASHENEWS reports that the Central Bank of Nigeria (CBN) says that the restriction placed on the importers of 43 items to purchase foreign exchange in the Nigerian FX market in 2015 has been lifted.
The Naira on Thursday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.12…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday expressed concern over the new 0.5 per cent…
By Kadiri Abdulrahman In recent times, the paucity of foreign exchange in the Nigerian economy has been of concern to…
The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N420.12 to the dollar, a 0.01 appreciation…