Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates
A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…
Nigeria Economy on Upward Swing: Inflation Down, Optimism High
The Nigerian economy appears to be charting a course toward recovery, with…
Forex Speculation: CBN Tightens Grip on Bureau de Change Operators
The Central Bank of Nigeria (CBN) has taken a significant step to…
CBN Extends FX Sales to BDCs Until May 30th to Ease Retail Demand
The Central Bank of Nigeria (CBN) has extended the lifeline for Bureau…
Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence
The Central Bank of Nigeria (CBN) has announced that it has cleared…
CBN Launches FX Code to Promote Transparency, Fairness in Nigeria’s Forex Market
The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange…
CBN Governor Cardoso Reveals Nigeria Lost ₦6.2 Trillion to FX Subsidy in 2022
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…
