Tag: Foreign Exchange

Foreign Reserves Surge to Three-Year High, CBN Reports

Nigeria's net foreign exchange reserves (NFER) have reached a significant milestone, climbing…

Genesis Obong

Naira-for-Crude Deal Faces Uncertainty Amidst Dangote Refinery’s Global Sourcing

The future of the Federal Government's naira-for-crude oil policy hangs in the…

Genesis Obong

CBN Vows Crackdown as Naira Sees Minor Dip Amid Market Scrutiny

In a firm stance against market irregularities, Central Bank of Nigeria (CBN)…

Genesis Obong

CBN Vows to Purge FX Market, Anchor Economy on Stability

In a robust declaration, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,…

Genesis Obong

CBN Waives 2025 License Renewal Fee for Bureau De Change Operators

The Central Bank of Nigeria (CBN) has stated that the 2025 licence…

Genesis Obong

Illicit Demand, Not Supply, Cripples Naira – Taiwo Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms,…

Genesis Obong

CBN Introduces Electronic Foreign Exchange Matching System to Enhance FX Market Transparency

The Central Bank of Nigeria (CBN) has announced the launch of the…

Muhammad A. Aliyu

Foreign Exchange Inflow Hit $91b As CBN Releases 2017 Report

The Central Bank of Nigeria (CBN) says the aggregate foreign exchange inflow…

Farouk Mohammed